1 Kwacha Decimalization

Emittent Malawi
Jahr 1971
Typ Non-circulating coin
Nennwert 1 Kwacha (1 MWK)
Währung Kwacha (1971-date)
Material Copper-nickel
Gewicht 28.12 g
Durchmesser 38.8 mm
Dicke 3.4 mm
Form Round
Prägetechnik Milled
Ausrichtung Medal alignment ↑↑
Stempelschneider Paul Vincze
Im Umlauf bis
Referenz(en) KM#12, Schön#12
Aversbeschreibung Dr. Hastings Kamuzu Banda
Aversschrift Latin
Averslegende MALAWI
Reversbeschreibung Malawian crest
Reversschrift Latin
Reverslegende 1971 ONE KWACHA
Rand Smooth with lettering
Prägestätte
Auflage 1971 - - 20 000
1971 - Proof - 4 000
Numisquare-ID 1125037410
Zusätzliche Informationen

Historical Context: Issued in 1971, this 1 Kwacha coin marks Malawi's pivotal decimalization, replacing the Malawian Pound. Under President Dr. Hastings Kamuzu Banda, independent Malawi, a republic since 1966, embarked on this monetary reform to assert economic sovereignty. The Kwacha (meaning "dawn") and Tambala (meaning "rooster") system symbolized a new era, with this 1 Kwacha representing the highest value in the new decimal series, a significant step in nation-building and a clear break from colonial monetary structures.

Artistry: The design adheres to the Commonwealth numismatic tradition, likely executed by an engraver at the Royal Mint. The obverse features a dignified, realistic effigy of President Banda, a common practice for newly independent nations to honor their founding leaders. The reverse showcases a national symbol; for this denomination, it depicts a Chambo fish (Tilapia), an important species to Malawi's economy and culture, rendered with naturalistic detail. The overall aesthetic successfully balances traditional portraiture with indigenous symbolism.

Technical/Grading: Struck in copper-nickel, this substantial coin measures 38.8 mm in diameter and weighs 28.12 grams, indicating a robust and durable issue. For grading purposes, collectors should examine the highest points of the design for wear. On the obverse, these include the high points of President Banda's hair and cheekbone. On the reverse, the scales, fins, and eye of the Chambo fish are critical areas. A strong strike will exhibit sharp details and full luster, particularly within the fine lines of the fish and the portrait's contours.

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