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20 000 Ariary Nosy Boraha

Issuer Madagascar
Year 2021
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Technique Milled
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Obverse description Within a hexagonal field, a large naturalistic depiction of the Madagascar moon moth (Argema mittrei) occupies the upper right portion of the design, its distinctive long tail and broad wings rendered in fine relief against a frosted background. To the lower left, the Malagasy coat of arms is depicted in circular form. The legend 'REPOBLIKAN'I MADAGASIKARA' arcs to the left of the arms, while the regional name 'NOSY BORAHA' appears in two lines to the right of center. The date '2021' is inscribed in the lower right field.
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Reverse script Latin/Cyrillic
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Additional information

Nosy Boraha — known to Europeans as Île Sainte-Marie — served as a base for Indian Ocean pirates during the late 17th and early 18th centuries, most famously hosting figures like William Kidd and Adam Baldridge, who ran a trading post there supplying pirate crews. The island briefly hosted a short-lived pirate utopia called Libertatia, though historians dispute whether that settlement was real or partly mythologized by Daniel Defoe.

Madagascar has issued several collector pieces tied to its islands' pirate history, and this silver-plated copper-nickel piece falls squarely in that numismatic tourism genre.

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