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Banque Centrale du Mali (1968-84) Following the overthrow of Keita, a new central bank was established in 1968 under the tutelage of the French Government. It adopted more traditional emissions and foreign exchange procedures with less promotion of special government projects. As a price for guaranteeing convertibility of the Malian franc, France assumed authority to designate both the director-general of the bank and half the administrative board. The appointed directorsgeneral were all French until 1983. (Only after an agreement had been reached for Mali’s re-entry into the BCEAO was a Malian named director-general.) New notes were ordered from the Bank of France and placed in circulation beginning in late 1970. Because these notes are both scarce and colorful, they are highly sought-after by collectors and recently have appreciated rapidly in value. They are undated, but carry seven additional signature combinations: Le Directeur General Le President du Conseil Sign. 3 Paul Marquis Abdoulaye Sangare Sign. 4 Georges Dussine Abdoulaye Sangare Sign. 5 Georges Dussine Oumar Makalou Sign. 6 Andre Clary Oumar Makalou Sign. 7 Andre Clary Ibrahim Bocar M’ba Sign. 8 Raymond Miege Ismaila Kanoute Sign. 9 Younoussi Toure Abdoulaye Sow Signature 3 (1970) appears only on the 10000 francs note; signature 9 (1983) only on the 500 and 10000 francs. This 5000 francs (Mali 14a) issued by the Banque Centrale du Mali is in demand because of its colorful design. BCEAO (1984-present) After the 1968 coup, an agreement between Mali and France had called for return to the BCEAO within five years. In fact, the reintegration took 16 years. Throughout the 1970s, Burkina Faso (Upper Volta) blocked re-admission because of a border dispute. Mali finally rejoined the BCEAO in June, 1984 and notes were again issued with the “D” code letter. Since 1984, Mali has been fully integrated into the BCEAO system. Because re-entry was almost achieved several years earlier, the first set of new “D” notes had already been printed and carry 1981 dates. The 5000 and 10,000 franc BCEAO notes are printed by the Bank of France; most of the lower denomination notes by Oberthur. The Bamako branch typifies the avant-garde architecture of BCEAO offices. The following second-series BCEAO notes are known with a “D” code letter (10,000- franc notes are undated): Date Sign. 500 fr 1000 fr 5000 fr 10000 fr 1981 15 X X X X 1981 17 X X 1984 17 X 1984 18 X X 1985 19 X X X X 1986 20 X X X X (2-digit) 1987 20 X X X X (3-digit) 1988 14 X X X X 1989 14 X 1989 21 X X X 1990 21 X 1990 22 X X X 1991 22 X 1992 23 X 1992 24 X A third series of BCEAO notes began in 1991 and continued through 2003. Signatures were moved to the back of the notes, and the year indicated by the first two digits of the serial number. A new 2500 francs denomination was issued, but rejected by the public and discontinued after three years. Counterfeiting was a major problem for the 10,000- franc note of this series. 30 <strong>IBNS</strong> Journal 48.2
The key to identifying this high-grade counterfeit is the open”4” in the serial number; also the signature does not fit the date. The following third-series notes are known with a “D” code letter: Date Sign. 500 fr 1000 fr 2500 fr 5000 fr 10000 fr 1991 22 X X 1992 23 X X X X X 1992 25 X 1993 25 X X X X 1994 26 X X 1994 27 X X X 1995 27 X X X X 1996 28 X X X X 1997 28 X X X X 1998 28 X X X X 1998 29 X X 1999 29 X X X X 2000 30 X X X X 2001 30 X X X X 2002 31 X X X 2003 31 X X X Mali is the only country for which the BCEAO issued a 500-franc note dated 2003. A fourth series began in 2003. The 500-franc note was discontinued and replaced by a coin. A new 2000 francs issue was introduced and thus far has been much better received than the 2500 denomination of the previous series. Years of issue are again indicated by the first two digits of the serial number. The tiny 2003 on the reverse represents the start of the series and is not a date of issue. Examples with a “D” code letter: Date Sign. 1000 fr 2000 fr 5000 fr 10000 fr 2003 32 X X X X 2004 32 X X X X 2005 33 X X X X 2006 33 X X X X 2007 34 X X X X The new 2000-franc denomination appears to have gained acceptance. Signatures The following signatures exist for BCEAO notes issued for Mali (these signatures have no relation to the signatures on Republic of Mali notes): (1959-61) Sign. 1 (1981-present) Sign. 14 Le President Robert Tezenas du Montcel Le President du Conseil Abdoulaye Kone Le Directeur General Robert Julienne Le Gouverneur Abdoulaye Fadiga Sign. 15 Edmond Ky Abdoulaye Fadiga Sign. 17 Moussa Tondi Abdoulaye Fadiga Sign. 18 Boukary Adji Abdoulaye Fadiga Sign. 19 Mamadou Toure Abdoulaye Fadiga Sign. 20 Komla Alipui Abdoulaye Fadiga Sign. 21 Abdoulaye Kone Alassane Ouattara Sign. 22 Idelphonse Lemon Alassane Ouattara Sign. 23 Frederic Korsaga Alassane Ouattara Sign. 24 Paul Dossou Alassane Ouattara Sign. 25 Roch Marc Kabore Alassane Ouattara Sign. 26 Roch Marc Kabore Charles Konan Banny Sign. 27 Soumaila Cisse Charles Konan Banny Sign. 28 Niamien Ngoran Charles Konan Banny Sign. 29 Ide Gnandou Charles Konan Banny Sign. 30 Abdoulaye Diop Charles Konan Banny Sign. 31 Kossi Assimaidou Charles Konan Banny Sign. 32 Ayaovi Tignopka Charles Konan Banny Sign. 33 Gregoire Laorou Charles Konan Banny Sign. 34 Jean-Baptiste Compaore Damo Justin Baro Note: This article is an adaptation of an exhibit presented at the 2008 Memphis Paper Money Show. For questions or comments concerning this article, please contact the author at wburson@earthlink.net <strong>IBNS</strong> Journal 48.2 31
Page 1: ibns Volume 48, Number 2, 2009 Jour
Page 4: Society Officers and Directors Pres
Page 8 and 9: Letters Dear Editor, Are the ‘Mad
Page 10 and 11: Banknote News Compiled by Murray Ha
Page 12 and 13: 10 IBNS Journal 48.2
Page 14 and 15: Courtesy of Peter Mosselberger 50 F
Page 16 and 17: Canada 20 Dollars 2006 Design like
Page 18 and 19: India New signature: Dr. D. Subbara
Page 20 and 21: Courtesy of Ronny Hick Mexico 100 P
Page 22 and 23: ◊ 5 Pa’anga (2009) Issue date:
Page 24 and 25: Courtesy of Ronny Hick ◊ 5 Dollar
Page 26 and 27: 20 Konvertibilnih Maraka 2008 Desig
Page 28: 10.000.000.000.000 Dollars 2008 New
Page 31: Early BCEAO Issues (1959-61) In 195
Page 35 and 36: Foreign Banks in China Part III - R
Page 37 and 38: several others. In 1936, Dr. T.V. S
Page 39 and 40: Another United States foreign bank
Page 41 and 42: Exchange Bank of China 5 dollars (f
Page 43 and 44: Well, now we know that wasn’t so
Page 45: Sino-Scandinavian Bank, Yungtsun br
Page 48 and 49: contract for the Cuban notes issued
Page 50 and 51: same uniform for the Merchants Bank
Page 52 and 53: Figure 15. Die proof of Giuseppe Ga
Page 54 and 55: The Banknotes of Iranian Azerbaijan
Page 56 and 57: military threat from Tehran, on 20
Page 58: usual blue rubber stamp and the num
Page 61: P24 10 Manat (132 x 66 mm): Magtymg
Page 65 and 66: Bank Note of the Year Announcement
Page 67 and 68: specimen notes are known, prefixes
Page 69 and 70: Chapter News Compiled by Art Leveni
Page 71 and 72: later notes into context and provid
Page 73 and 74: South African Chapter The South Afr
Page 75 and 76: IBNS Announcements Call for Nominat
Page 77 and 78: 2008 IBNS Literary Awards In recogn
Page 79 and 80: donors program whereby donors would
Page 81 and 82: Myers, William 9965 13453 N.Atalaya
Page 83 and 84:
ISRAEL PALESTINE JUDAICA We are the
Page 85 and 86:
Staples Numismatics, Inc World Bank
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