The Coinhouse Auctions

20 Ariary – Madagascar

Non-circulating coins

Context

Year: 1978

Issuer: Madagascar

Period:

(1975—1992)

Currency:

(1963—2004)

Demonetized: Yes

Total mintage: 3,800

Material

Diameter: 30.5 mm

Weight: 12 g

Silver weight: 11.10 g

Shape: Round

Composition: 92.5% Silver

Magnetic: No

Technique: Milled

References

KM: #14a

Numista: #11606

Value

Exchange value: 20 MGF

Bullion value: $30.48

Obverse

Inscription:

REPOBLIKA DEMOKRATIKA MALAGASY

ariary

20

1978

Translation:

Democratic Republic of Madagascar

ariary

20

1978

Script: Latin

Languages: French, Malagasy

Reverse

Inscription:

ARIARY ROAPOLO

TANINDRAZANA

TOLOM-PIAVOTANA

FAHAFAHANA

Script: Latin

Engraver: Michael Hibbit

Edge

Mints

Name	Mark
Royal Mint	—

Mintings

Year	Mint Mark	Mintage	Quality	Collection
1978	—	3,800	Proof

⭐ Somewhat Rare