Catalog
10 Francs Independence
| Issuer | Mali (1960-date) |
|---|---|
| Year | 1967 |
| Type | Log in to see details |
| Value | 10 Francs (10 MLF) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | A facing bust portrait of President Modibo Keïta fills the central field, depicted wearing a traditional embroidered cap and draped attire, rendered in fine relief with considerable detail to the facial features and headdress ornamentation. The legend ⋆ PRESIDENT • MODIBO • KEITA ⋆ arcs around the upper periphery, flanked by two five-pointed stars. The commemorative inscription INDEPENDANCE 22 SEPT • 1960 curves along the lower periphery, recording the date of Malian independence. |
| Reverse script | Log in to see details |
| Reverse lettering | Log in to see details |
| Edge | Log in to see details |
| Mint | Log in to see details |
| Mintage | 1967: ND (1967) |
| Additional information |
Mali issued this gold piece in 1967, seven years after independence from France, as part of a short-lived prestige coinage series tied to the country's brief experiment with monetary independence. When Mali left the West African franc zone in 1962 to establish its own currency, the Malian franc, the move proved economically ruinous — chronic inflation and trade imbalances forced a humiliating return to the franc zone in 1967, the same year this coin was struck, under terms dictated by France that included a 50% devaluation.
The series was never intended for circulation. Mintage figures were small, production was handled by the Paris Mint, and the coins were aimed squarely at the international collector market.