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Classical Numismatic Group, LLC
Auction 123  23-24 May 2023
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Lot 886

Estimate: 300 USD
Price realized: 375 USD
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MADAGASCAR, Colonial. French. Third Republic. 1897-1940. Cardboard 10 Centimes – Ilavaomena (41x24mm). Emergency issue. Issued December 1916-December 1919. Dog standing right, head facing. Pasted on a 10 centimes stamp. Chauvicourt 9; MCF 13a; Pick 7. EF.

From an English private collection of coins and medals relating to Madagascar, formed from the 1960s to the present.

The following lots were produced in response to a severe shortage of metal during the First World War due to the recall, in the colonies as in metropolitan France, of metal for arms production. Nor was any metal allocated for new coinage. The currency comprised principally stamps of the period stuck on cardboard. They are known as either monnaies carton (cardboard money) or timbres monnaie (stamp money).


There are two main groups, named according to design, with several varieties within each. They are vola alika (Malagasy: dog money) and volan' omby (Malagasy: zebu money). Unsurprisingly they are all rare, especially in the excellent condition of those offered here. Owing to the speed that the pieces became damaged in circulation, a yellow varnish was introduced to try to fortify them (see lots 893–6). This saw little success.
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