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Live auction - fwo_417203 - CONGO - PROVINCE OF KATANGA 5 Francs 1961

CONGO - PROVINCE OF KATANGA 5 Francs 1961  AU
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 700 €
Price : 825 €
Maximum bid : 825 €
End of the sale : 14 March 2017 17:34:40
bidders : 4 bidders
Type : 5 Francs
Date: 1961
Quantity minted : 20000
Metal : gold
Millesimal fineness : 900 ‰
Diameter : 26 mm
Orientation dies : 12 h.
Weight : 13,31 g.
Edge : lisse
Rarity : R1
Catalogue references :

Obverse


Obverse legend : KATANGA EN CREUX ET DEUX CROIX KATANGAISES.
Obverse description : Régime de bananes.

Reverse


Reverse legend : BANQUE/ NATIONALE/ 5 FR/ 1961.
Reverse description : Croix katangaise (Baluba).

Commentary


En 1961, deux semaines après l’indépendance de l’ancien Congo belge, la province du Katanga fit sécession. Les derniers sécessionnistes se rendirent en janvier 1963.
Deux monnaies de 1 et de 5 francs furent fabriquées pour la province du Katanga en 1961. Elles sont normalement en bronze. Pour la pièce de 5 francs, il existe aussi cette pièce en or qui ne fut pas mise en circulation..

Historical background


CONGO - PROVINCE OF KATANGA

(1961)

Congo's independence was proclaimed on July 1, 1960. Eleven days later, Katanga seceded. Moïse Tschombé was appointed head of state on August 8, 1960. Katanga was an extremely rich region thanks to copper, tin, zinc, manganese, uranium and platinum mines, and negotiations between the central government of Léopoldville (Kinshasa) and those of Elisabethville (Lubumbashi), failed. Patrice Lumumba (1925-1961) requested the intervention of the UN, which sent troops to repress the Katangese insurrection, but did not want to take part in the conflict which opposed Prime Minister Lumumba to President Kasavubu. Lumumba was dismissed in September 1960, arrested on December 1 in Stanleyville and executed in January 1961 in Katanga. The UN intervened on September 13, 1961. Katanga's resistance was broken in December 1962. Katanga, renamed Shaba in 1972, again attempted secession out of the Congolese quagmire.

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