1932 Tunisian 100 Franc Gold Coin (Ahmed II) PCGS MS65 [Lec#491]
A blend of history and art: a symbol of Tunisia's Golden Age
This historic Tunisian 100 franc gold coin, issued in 1932 during the reign of King Ahmed II (1929-1942), who ruled Tunisia at the time, is a rare collectible item that beautifully combines the culture of the French Protectorate era with the traditions of the Islamic dynasty.
It has been graded by PCGS as MS65 (Mint State 65) in extremely excellent condition, making it one of the most valuable examples currently in existence.
⸻
Basic specifications
• Country of issue: Tunisia
• Year of publication: 1932 (1351 Hijri)
• Ruler: Ahmad II
• Denomination: 100 Francs
• Material: Gold (Gold 90% / .900)
• Weight: 6.55 grams
• Diameter: 21 mm
• Shape: Round
• Stamping method: Milled (fine notches on the edge)
• Edge: Repeating crescent and star pattern (crescent & star)
• Catalog number: KM#257, Fr#14, Lec#491
• Appraisal: PCGS MS65
⸻
The appeal of design
Obverse
Beautiful Arabic calligraphy elegantly displays the king's name, "Ahmad al-Mudat," his title, "Bay of Tunisia," the value, "100 francs," and the Islamic year, "1351." On either side are engraved laurel leaves and sheaves of wheat, symbols of agriculture and prosperity.
The engraver was Lucien Georges Bazor, a renowned French engraver who worked for the Paris Mint (Monnaie de Paris) and created many of the most representative artistic coins of the 1930s.
Reverse
The word "TUNISIE" is in the center, with the face value "100 FRANCS" and the Gregorian year "1932" engraved on it. The geometric patterns surrounding it are of intricate beauty reminiscent of traditional Tunisian arabesque decoration, and convey a fusion of French and Islamic cultures.
⸻
Historical background and significance of publication
Tunisia during the French protectorate
When this gold coin was issued in 1932, Tunisia was under a French protectorate, but had its own hereditary dynasty of rulers known as the "Bay." King Ahmed II was one of these kings, and was respected both at home and abroad as a symbol of traditional Islamic monarchy.
This gold coin symbolizes this dual system of rule, with Arabic on one side and French on the other, revealing the cultural diversity and complex political background of Tunisian society at the time.
⸻
Rarity and value
Limited edition and number of copies in existence
Issued in 1932, this 100 franc gold coin (Lec#491) was minted in only 3,000 pieces, making it extremely difficult to obtain even today.
According to Numista's assessment, if it is MS (Mint State) grade, it has a market value of over $1,000, and in particular, high-grade pieces with a PCGS MS65 grade are extremely rare.
Significance for collectors and investors
This coin is not only valuable as a collectible, but is also extremely important as a historical document. It embodies many meanings, including the monetary system of the colonial era, a symbol of the monarchy, and a value standard during the gold standard era, making it a valuable resource for studying the cultural history and political and economic history of the Middle East and North Africa.
⸻
Ahmad II and monetary reform
Ahmed II was a ruler who worked hard to stabilize the economy and improve the monetary system. This gold coin reflects his determination to maintain Tunisia's sovereignty and cultural independence by continuing to have his name engraved on the country's currency, even while under the French protectorate.
The 1930s was a time when the effects of the Great Depression reached African countries, and the issuance of gold coins had a strong political significance, symbolizing the "stability of value."
⸻
Appraisal information and preservation status
This gold coin has been certified as **MS65 (Mint State)** by PCGS (Professional Coin Grading Service), a global grading agency.
• Gloss: Excellent original mint gloss
• Wear: Almost no wear, like new
• Scratches: Only minor scratches that are difficult to see with the naked eye
• Edge: Fully milled.
This state of preservation is an extremely important factor for collectors, and there is great hope that the asset value will increase in the future.
⸻
Investment value as a gold coin
Containing 6.55 grams of 90% pure gold, this coin commands a "historical premium" that exceeds its weight.
• Value as gold (bullion price) + historical value
• Stability as an investment and attractiveness as a work of art
• There have been cases of prices soaring at global auctions (starting at $1,000)
⸻
Recommended storage methods
• Store in a dark place away from moisture and direct sunlight.
• Maintaining the value by keeping the appraisal slab in good condition
• Regular asset value reviews are recommended.
⸻
Conclusion: The luxury of owning a golden history
This 1932 Tunisian 100 franc gold coin is more than just a coin; it is a tale of history. It is a culmination of the reign of Ahmed II and Tunisian culture, and while it is imbued with the universal value of gold, it is a gem that conveys the depth of the era and culture to the present day.
This gold coin is highly regarded for its rarity, state of preservation, and historical background, making it an ideal choice for collectors, history buffs, and those looking to invest in it.
⸻
At GoldSilverJapan, we carefully select and handle these rare historical gold coins. This item has been certified by PCGS, a world-renowned grading organization, so you can rest assured when purchasing it.
⸻
We are always available to answer any questions or provide estimates.
Add history and golden brilliance to your collection.
GoldSilverJapan – Turning history into value.
top of page
¥220,000Price
Sales Tax Included
Only 1 left in stock
🟢 買取・再販サポート
GoldSilverJapanでは、対象となるコインおよび地金製品について買取サポートを行っております。
現在の買取方針および対象商品はこちらをご確認ください。
Related Products
bottom of page

















