Author Topic: Coinage of Madagascar  (Read 4197 times)

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Offline <k>

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Re: Coinage of Madagascar
« Reply #15 on: March 08, 2019, 11:56:01 PM »
The reverse design of the 1 franc coin featured elements that are familiar from previous coins and from the national seal: the head of a zebu, flanked by a rice stalk and a coffee plant sprig.

The iraimbilanja was worth ​1⁄5 of an ariary and was therefore equal to the French franc.
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Offline <k>

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Re: Coinage of Madagascar
« Reply #16 on: March 08, 2019, 11:58:06 PM »
The reverse design of the 2 francs coin featured the same elements, though with the relevant denomination.
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Re: Coinage of Madagascar
« Reply #17 on: March 09, 2019, 12:00:10 AM »
The reverse of the 5 francs coin, which was first issued in 1966.

The 1, 2 and 5 francs coins were all made of stainless steel.
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Re: Coinage of Madagascar
« Reply #18 on: March 09, 2019, 12:54:29 AM »
In 1970 two new denominations were issued: 10 francs and 20 francs.

The reverse of the 10 francs coin features the standard design by Raymond Joly.

ARIARY ROA means TWO ARIARY.
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Offline <k>

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Re: Coinage of Madagascar
« Reply #19 on: March 09, 2019, 12:59:21 AM »
The reverse design of the 10 francs coin featured a vanilla plant.

Until now, all the designs since 1965 had been the work of Frenchman Raymond Joly. This design was created by Madagascan artist Bernard Ramjato.
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Re: Coinage of Madagascar
« Reply #20 on: March 09, 2019, 01:00:42 AM »
The reverse of the 20 francs coin features the standard design by Raymond Joly.

Like the 10 francs coin, this coin was made of aluminium-bronze.

ARIARY EFATRA means FOUR ARIARY.
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Re: Coinage of Madagascar
« Reply #21 on: March 09, 2019, 01:02:33 AM »
The reverse design of the 20 francs coin featured a cotton plant. This design was created by Madagascan artist Bernard Ramjato.
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Re: Coinage of Madagascar
« Reply #22 on: March 09, 2019, 01:05:54 AM »






Notice the zebu's eyes and ears. Their shape on the 10 and 20 francs coins looks slightly different from their shape of the 1, 2 and 5 francs coins.
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Offline <k>

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Re: Coinage of Madagascar
« Reply #23 on: March 09, 2019, 05:48:21 PM »
From Wikipedia:

A constitutional referendum was held in Madagascar on 21 December 1975. The new constitution created a presidential republic, with the president serving seven-year terms and incumbent President Didier Ratsiraka was to serve the first term without being elected. It also created a High Revolutionary Council to create a "socialist revolution" and a military committee to oversee socio-economic development. Madagascar was transformed into the Democratic Republic of Madagascar. All political parties with the exception of those "loyal to the socialist revolution" were to be banned, and those that were allowed to exist would have to be affiliated with the National Front for the Defense of the Revolution, which was led by Ratsiraka's AREMA party. The constitution was approved by 95.57% of voters with a 92% voter turnout.
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Re: Coinage of Madagascar
« Reply #24 on: March 09, 2019, 05:51:29 PM »
Politically Madagascar now moved in a communistic direction. Accordingly, the country adopted a new national seal, showing an orange disc with a sun rising from a blue sea, charged with a rifle, a spade and a pen, with three arrows above and a cogwheel below. The emblem is surrounded by a garland with a red star as a crest.

Motto: TANINDRAZANA / TOLOM-PIAVOTANA / FAHAFAHANA (Fatherland, Revolution, Freedom).
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Offline <k>

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Re: Coinage of Madagascar
« Reply #25 on: March 09, 2019, 06:00:19 PM »
The next new coins were issued in 1978, namely a 10 ariary and 20 ariary coin. These were the first coins that did not show their value in francs. The legends on these coins gave the country's new title as the Democratic Malagasy Republic.

Previously Madagascar's coins had been minted in Paris, France, but now they were produced by the Royal Mint (UK). The new obverse and reverse designs were the work of English artist and sculptor Michael Hibbit.

Both coins were made of nickel. Below you see the obverse of the proof 10 ariary coin.
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Re: Coinage of Madagascar
« Reply #26 on: March 09, 2019, 06:01:33 PM »
The reverse of the 10 ariary coin shows a farmer cutting peat against a background of fields and hills.

See also: Occupations: Agriculture and forestry.
« Last Edit: March 10, 2019, 09:31:27 PM by <k> »
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Re: Coinage of Madagascar
« Reply #27 on: March 09, 2019, 06:02:40 PM »
The obverse of the 20 ariary coin.
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Re: Coinage of Madagascar
« Reply #28 on: March 09, 2019, 06:04:21 PM »
The reverse of the 20 ariary coin shows a man on a tractor ploughing a field. The rising sun in the background is typical of revolutionary symbolism that promises a new dawn and therefore a new future.
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Re: Coinage of Madagascar
« Reply #29 on: March 09, 2019, 06:11:16 PM »
These distinctly socialist or communistic designs continued to circulate alongside the older designs of plants and zebus that had originated in the 1960s. The older designs looked rather old-fashioned by this stage. The new designs looked more modern, though communism as a force in world politics was now only 11 years away from its major collapse in 1989.

The coinage at this point no longer had a unity of style. Perhaps the lower denominations should have been redesigned too, or perhaps the country, which was and is quite poor, did not want to undertake such an expense. In any case, this mismatch of design style between the lower and higher denominations continues to this day.

See also: Circulation sets with poorly unified design.

 
« Last Edit: March 10, 2019, 07:42:02 PM by <k> »
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