E-auction 268-190557 - fwo_487237 - MADAGASCAR Essai de 2 Francs buffle / fleur 1965 Paris

MADAGASCAR Essai de 2 Francs buffle / fleur 1965 Paris MS

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Estimate :	16 €
Price :	15 €
Maximum bid :	15 €
End of the sale :	04 June 2018 17:18:30
bidders :	4 bidders

Type : Essai de 2 Francs buffle / fleur

Date: 1965

Mint name / Town : Paris

Quantity minted : -

Metal : steel

Diameter : 19 mm

Orientation dies : 6 h.

Edge : lisse

Catalogue references :

KM20/E7

Obverse

Obverse legend : FAMOAHAMBOLAN'NY REPOBLIKA MALAGASY / 1965.

Obverse description : Poinsettia (fleur).

Obverse translation : (Institut d’émission de la République Malgache).

Reverse

Reverse legend : 2 FRANCS / VENTY SY KIROBO.

Reverse translation : (2 Francs / 1/2 - 1/12).

Commentary

Pendant longtemps, le seule monnaie acceptée à Madagascar est le monnaie de 5 Francs française en argent encore appelée Piastre ou ariary par les Malgaches qui est fractionnée. La valeur Venty si korobo correspond à une demie piastre à laquelle on retranche un douzième de piastre. Soit 2,50 F - 0,416 F, soit 2,083 F arrondi pour l’usage à 2 F.
For a long time, the only coin accepted in Madagascar was the French 5 Franc silver coin, also called Piastre or ariary by the Malagasy, which was fractional. The value Venty si korobo corresponds to half a piastre from which one twelfth of a piastre is subtracted. That is 2.50 F - 0.416 F, or 2.083 F rounded for use to 2 F