Welcome to the forum kerry. According to Krause the only coin of that denomination issued by the Republic of Malawi in southeast Africa is the 1966 "Day of the Republic" nickle-brass crown (KM#5) of which 20,000 proofs, and no circulation coins, were minted. It's valued at $7.50, but that assumes that it is still in a high-grade condition, without wear, scratches, rim-dings, or other defects..
Kerry,I can tell you why the Malawian 1966 1 Crown was issued.This was to commemorate the declaration of Malawi as a Republic within the British Commonwealth.Malawi was known as Nyasaland prior to independence.It had been part of the Federation of Rhodesia & Nyasaland,which was dissolved at the end of 1963.Nyasaland became independent on the 6th of July as the Dominion of Malawi,with the last Governor of Nyasaland,Sir Glyn Jones staying on as Governor-General of Malawi.The Malawian coins of 1964 depict Hastings K. Banda when he was Prime Minister.Banda became the first President of Malawi upon the declaration of the republic.Banda became very autocratic & eventually declared Malawi to be a one-party state & himself as 'President-for-Life'.Banda's time in office ended in 1994.He died in 1997 in South Africa.
Pre-decimal coins of the Republic of Malawi. Roy,that is not correct.The pre-decimal coins issued by Malawi as a republic are the following; 1967 & 1968 1d. 1967 6d. 1968 1/- & of course,the 1966 Republic Day 1 Crown (5/-). The coins dated 1964 are issues of Malawi when it was a Dominion of the British Crown.
