Obverse. Photo © Katz Auction
  • 5 Francs 2000, KM# 24, Congo, Democratic Republic, Panama Canal
  • 5 Francs 2000, KM# 24, Congo, Democratic Republic, Panama Canal
Description

The Panama Canal is an engineering marvel that connects the Atlantic and Pacific Oceans through a 50-mile (80 km) waterway across the Isthmus of Panama. Completed in 1914, the canal was a monumental achievement that significantly reduced maritime travel time between the two oceans, eliminating the need for the lengthy and hazardous journey around the southern tip of South America. The canal operates through a system of locks that raise and lower ships over the mountainous terrain of Panama, allowing vessels of various sizes to transit. Originally constructed by the French in the 1880s, the project faced numerous challenges, including disease and financial difficulties, leading to its eventual takeover by the United States, which successfully completed the canal. The Panama Canal has played a crucial role in international trade and commerce, serving as a key transit route for cargo ships and influencing global shipping patterns. In 1999, control of the canal was transferred to Panama, which continues to manage and maintain this vital waterway.

Obverse

Depicts an official emblem of the Laurent Kabila regime: a mature male lion standing to the left amid the grass, symbolizing strength and authority. Above the lion is the country’s name in French, and the denomination is placed below.

Kabila’s regime, which began in 1997 after he overthrew Mobutu Sese Seko, was characterized by efforts to rebuild the Democratic Republic of the Congo (formerly Zaire) after decades of dictatorship. His government sought to restore national sovereignty, but faced internal conflict and external pressures, particularly during the Second Congo War.

REPUBLIQUE DEMOCRATIQUE DU CONGO
5 FRANCS

Reverse

Depicts a caravel moving through the water with a map of the location of Panama between the Pacific Ocean and the Caribbean Sea and the canal zone below, the inscription of occasion below the ship.

The construction of the Panama Canal was completed in 1914, 401 years after Europeans first crossed Panama overland with Vasco Núñez de Balboa's expedition. The canal's opening led to a drastic decline in traffic at Chilean ports due to changes in maritime trade routes, even though the canal was closed for nearly seven months following a landslide in the Culebra Cut on September 18, 1915. The shift in trade routes notably impacted the growing sheep farming industry in southern Patagonia and adversely affected the economy of the Falkland Islands.

2000
The PANAMA CANAL -since 1914 a change
in route and time

Edge
Characteristics
Type Commemorative Issue (Non-circulating)
Material Cupronickel
Weight 27.4 g
Diameter 40 mm
Thickness 2.8 mm
Shape round
Alignment Medal

Related coins

Panama Canal

Silver, 25.13 g, ⌀ 39 mm

Panama Canal

Silver, 25.13 g, ⌀ 39 mm