Silver Ounce (1 oz), Coin Type from Zambia - detailed information

Silver Ounce (1 oz), Coin Type from Zambia (issued 1998 - 2003)
Coin TypeSilver Ounce (1 oz)

The Kwacha is the official currency of Zambia. Apart from the regular circulating coinage, the country has also authorised some foreign mints to issue bullion coins under its jurisdiction.

These coins are in the standard bullion size of one troy ounce of silver - designated as 1 oz Ag, where Ag is abbreviated from Argentum, the Latin word for silver. They were issued during the "first kwacha" period of the currency and were demonetised in 2013, when the "second kwatcha" was introduced at a rate of 1 new kwacha to 1,000 old.

A series featuring elephants became the beginning of the African Wildlife Series by the Bavarian Central Mint, which was however issued for Zambia for only five years. The series continued after 2004 for Somalia.

Obverse
Zambia / Silver Ounce (1 oz) - obverse photo

The coins featured the Coat of Arms of Zambia initially, then the effigy of Queen Elizabeth II by Raphael Maklouf.

Obverse Inscription BANK OF ZAMBIA [YEAR] 5000 KWACHA
Reverse
Zambia / Silver Ounce (1 oz) - reverse photo

Various designs as listed individually below.

Reverse Inscription AFRICAN WILDLIFE · ELEPHANT · 1 oz Ag 999 ·
EdgeMilledEdge InscriptionNone
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Silver Ounce (1 oz): Details
CountryZambia
CurrencyKwacha
From1998
To2003
Face Value5000 (x Kwacha)
CurrentNo (demonetised 2013)
Material0.999 Silver
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size38.600 mm
Thickness3.000 mm
Mass31.100 g