1 Kwacha Decimalization

Uitgever Malawi
Jaar 1971
Type Non-circulating coin
Waarde 1 Kwacha (1 MWK)
Valuta Kwacha (1971-date)
Samenstelling Copper-nickel
Gewicht 28.12 g
Diameter 38.8 mm
Dikte 3.4 mm
Vorm Round
Techniek Milled
Oriëntatie Medal alignment ↑↑
Graveur(s) Paul Vincze
In omloop tot
Referentie(s) KM#12, Schön#12
Beschrijving voorzijde Dr. Hastings Kamuzu Banda
Schrift voorzijde Latin
Opschrift voorzijde MALAWI
Beschrijving keerzijde Malawian crest
Schrift keerzijde Latin
Opschrift keerzijde 1971 ONE KWACHA
Rand Smooth with lettering
Muntplaats
Oplage 1971 - - 20 000
1971 - Proof - 4 000
Numisquare-ID 1125037410
Aanvullende informatie

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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