Zambian Shillings: Difference between revisions
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In 1964 [[Zambia]] received [[Independence Day|independence]] Great Britain to become a Common Wealth Nation. | In 1964 [[Zambia]] received [[Independence Day|independence]] Great Britain to become a Common Wealth Nation. | ||
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==Design== | ==Design== | ||
Designed by Norman Stillman, the obverse design features Zambia’s national arms and on the outer periphery is the denomination “5 SHILLINGS” and country name “ZAMBIA”. | [[File:Zambian Shilling.png|thumbnail|300px|right|Zambia 5 Shillings coin circulated in 1965]] | ||
Designed by Norman Stillman, the obverse design features Zambia’s national [[Coat of arms of Zambia|arms]] and on the outer periphery is the denomination “5 SHILLINGS” and country name “ZAMBIA”. | |||
The reverse design features a bust image of President Kenneth David Kuanda facing right and on the outer periphery is the independence anniversary date of “24 OCTOBER” and year | The reverse design features a bust image of President [[Kenneth Kaunda|Kenneth David Kuanda]] facing right and on the outer periphery is the independence anniversary date of “24 OCTOBER” and year of issuance “1965”. | ||
Another design feature of the coin is a lettered edge that has the phrase “[[One Zambia, One Nation|ONE ZAMBIA ONE NATION]] * 24.10.1964 * “. | Another design feature of the coin is a lettered edge that has the phrase “[[One Zambia, One Nation|ONE ZAMBIA ONE NATION]] * 24.10.1964 * “. | ||
Revision as of 05:07, 10 June 2016
In 1964 Zambia received independence Great Britain to become a Common Wealth Nation.
The planned monetary policy was planned to be based on a decimal system but to maintain stability Sterling coinage (pence, shillings, and pounds) was used from 1964 to 1967.
During that time period, coins were issued in the denominations of penny, 6 pence, shilling, 2 shillings, and 5 shillings. The 5 shillings coin (along with the penny) was only a one year issue coin and was physically the largest coin ever issued for circulation. Additionally, the 5 shillings coin was issued in 1965 as a celebration for completing their first year of independence making it the very first circulating commemorate coin.
These three factors plus the added note of an incredibly low mintage make the 5 shillings a unique coin in Zambia’s short numismatic history and make it an interesting addition to a world coin collection.
Design
Designed by Norman Stillman, the obverse design features Zambia’s national arms and on the outer periphery is the denomination “5 SHILLINGS” and country name “ZAMBIA”.
The reverse design features a bust image of President Kenneth David Kuanda facing right and on the outer periphery is the independence anniversary date of “24 OCTOBER” and year of issuance “1965”.
Another design feature of the coin is a lettered edge that has the phrase “ONE ZAMBIA ONE NATION * 24.10.1964 * “.
Market Notes
With no precious metal and very little numismatic demand for Zambia coins, prices are incredibly affordable (even in high grades of uncirculated) despite its low mintages.
5 Shillings Quick Coinage Facts
- Years Minted: 1965
- Composition: Copper, Nickel
- Diameter Type: 38.80 mm
- Weight: 28.2 grams (approximate)
- Total Series Mintage: 10,000 (circulation), 20,000 (proof)
- Obverse Design: Coat of Arms
- Reverse Design: Bust Design
- Unique Features: Lettered Edge
