The mint producing these coin
is "Afro Coin Mint", based in Alberton, South Africa.
Mr. Edward J. Moschetti of the
WPNA, informs two reasons for it's issue.
“First was to benefit the
underprivileged in the rural communities in southern Africa covering some
six or seven African countries. The second reason for the issue was to try
and change over the current denomination to the Afro denomination.” He adds
that their attempt to create a uniform African currency has been a “quiet
movement”, and that the Afro “is receiving acceptable comments from various
high officials.” I was lucky enough to find the following article (For An
African Currency: The “Afro”), by Dikando Wa Dikando, on the Internet,
which seems to corroborate what Mr. Moschetti is saying:
http://magazine.biafranigeriaworld.com/dwdikando/2002jun05.html
Its author states that “Currently, there are 3 strong currencies dominating
the world, each with its own influential zone: the Euro in Europe, the
Japanese Yen in Asia, and the American dollar in the Americas as well as a
great part of Africa and Oceania. There is a strong chance that the US
dollar will collapse someday.....Africa could protect itself by creating its
own currency: the "Afro". It would have immediate control of its monetary
mass (the amount of money created by the national banks of all the African
states), and of its interest rates, two indispensable points to attract
clients and investment capital. And if the US dollar collapses, a lot of
capital could find safety in Africa, thus ensuring its prosperity. For this
to happen, the United States of Africa must become a fiscal heaven
comparable to Switzerland, with the added advantage of having enormous
natural resources and clean and renewable energy, the electricity produced
by the African dams. In any case, this is what the Moise Tshombe for Katanga
Support Committee is aspiring to. Let us hope it will be within the USAF,
free and independent, a fiscal heaven and a prosperous economy. It is
feasible and it will happen.”
The man he is referring to
is perhaps the late Moise Tshombe, who was President of the breakaway
province and secessionist state of Katanga (1960-63) and Prime Minister of
the Congo Republic (1964-1965; now known as the Democratic Republic of the
Congo). |
These coin were produced in
1998 to 2000 as a set of 1,5 and 10 Afro in brass and Silver. In 1998 set, 1
Afro features the ancient kholsan rock drawing of zebras, 5 Afro features
the rural tribal home and tree while the 10 Afro features the shield,
assagal and mask. The 1998 set of coins has a mintage of 10,000 pieces in
brass and 100 pieces in silver.
The 1999 and 2000 designs
are the same. 1 Afro features the Baobab tree in ornate frame, 5 Afro
features the pair of Hombills while the 10 Afro features the abstract face
mask design. The 1999 and 2000 set of coins have a mintage of 100 pieces in
brass and 20 pieces in silver each. The Afro Mint can be contacted at Afro
Coin Mint, P.O. Box 453, Alberton 1450, South Africa. Tel: (+27)
011-9078777, Fax: (+27) 011-8699550. |