What does F.A.O. mean on Iranian coins?

Discussion in 'World Coins' started by ffrickey, Nov 23, 2010.

  1. ffrickey

    ffrickey Junior Member

    Some Iranian 20 Rial pieces say "F.A.O.", and some do not. Does it stand for "Food and Agriculture Organization" or something completely different? 20Rial1978FAO.JPG I note there seem to be complete FAO coin collections from the Middle East and Africa on sale.
     
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  3. mani

    mani Junior Member

    [FONT=&quot]Food and Agriculture Organization[/FONT] of the United Nations
     
  4. ffrickey

    ffrickey Junior Member

    Why put that on a coin?

    OK, but why put it on coins? Did the FAO help mint them or something?
     
  5. kaparthy

    kaparthy Well-Known Member

    The other way around. Nations minted them for the FAO program, and the sales to collectors were to be the revenue stream to fund the efforts to support agriculture in underdeveloped regions. Generally, FAO coins are commemoratives. However, governments did issue circulating coins to bring attention to the program within their nation. It is pretty much the same as with the Olympics: the IOC does not mint coins for sovereignties; rather, countries issue them for the Olympics.
     
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