Silver Ounce 2003 African Wildlife - Elephant, Coin from Zambia - detailed information

Silver Ounce 2003 African Wildlife - Elephant, Coin from Zambia (demonetised 2013)
CoinSilver Ounce 2003 African Wildlife - Elephant

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.

This coin is part of the African Wildlife bullion coin series by the Bavarian Central Mint, and features the African Elephant.

MintBavarian Central Mint Mint MarkNo mint mark Total Mintageunknown
Obverse
Zambia / Silver Ounce 2003 African Wildlife - Elephant - obverse photo

The obverse of the coin shows the crowned bust of Queen Elizabeth II, facing right (her effigy by Raphael David Maklouf known as the "Third Portrait"). The Queen is wearing the royal diadem which she wears on her way to and from the State Opening of Parliament, a pearl necklace and earrings.

Normally, the designer's initials are on the neck truncation; however, they are not displayed here.

Given that Zambia has been a republic since its independence in 1964, it is not clear why the Queen is shown on the obverse.

Around above, the name of the issuing authority: BANK OF ZAMBIA. The date of issue, 2003, is divided by the portrait.

Around below, the face value 5000 KWACHA is divided by a small rendition of the Coat of Arms of Zambia, featuring a shield with wavy vertical lines surmounted by a pick and hoe, crossed, and an African fish eagle; the shield is supported by two figures - a man on the left and a woman on the right; a ribbon below should display the national motto, but is too small on the coin so it doesn't.

Obverse Inscription BANK OF ZAMBIA 2003 5000 KWACHA
Reverse
Zambia / Silver Ounce 2003 African Wildlife - Elephant - reverse photo

At centre, the reverse of the coin depicts two African elephants in a field. One of them is shown using its trunk to reach the branch of a tree for food

Around above, the name of the coin series: AFRICAN WILDLIFE.

Around below, · ELEPHANT and the precious metal content · 1 oz Ag 999 · (one troy ounce of 99.9% silver).

Reverse Inscription AFRICAN WILDLIFE · ELEPHANT · 1 oz Ag 999 ·
EdgeMilledEdge InscriptionNone
Notes

This is the last issue in the African Wildlife - Elephant series for Zambia. The 2004 Elephant was struck for Somalia, as well as all subsequent issues.

Silver Ounce 2003 African Wildlife - Elephant: Known varieties
Variety Matte Finish
Images Zambia / Silver Ounce 2003 African Wildlife - Elephant / Matte Finish - obverse photo Zambia / Silver Ounce 2003 African Wildlife - Elephant / Matte Finish - reverse photo
Mintage Issued: unknown
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Silver Ounce 2003 African Wildlife - Elephant: Details
CountryZambia
CurrencyKwacha
PeriodFirst Kwacha (1966 - 2013)
Coin TypeSilver Ounce (1 oz)
Issued2003
SymbolQueen Elizabeth II - Third Portrait, by Raphael Maklouf
Face Value5000 (x Kwacha)
Mintageunknown
CurrentNo; demonetised 2013
Material0.999 Silver
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size38.600 mm
Thickness3.000 mm
Mass31.100 g
OCC IDAPVZ-OYRC-JZZW-ELMD
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Silver Ounce 2003 African Wildlife - Elephant: Photos
ImageDetails
2003 Zambia 1 oz Silver Elephant BU
Copyright: APMEX
Source
2003 Zambia 1 oz Silver Elephant BU
Copyright: APMEX
Source
Coin, Zambia, Elephant 5000 Kwacha - 2003
Copyright: NumisCorner.com
Source
Coin, Zambia, Elephant 5000 Kwacha - 2003
Copyright: NumisCorner.com
Source
Silver Ounce 2003 African Wildlife - Elephant: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsZambia KM# 165