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1 Leone Bank Anniversary

Issuer Bank of Sierra Leone
Year 1974
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Value 1 Leone (1 SLL)
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Obverse script Latin
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Reverse description Prominent right-facing portrait bust of Dr. Siaka Stevens, President of Sierra Leone, rendered in bold high relief with finely detailed facial features and a bare head. The national motto 'UNITY · FREEDOM · JUSTICE' is inscribed in the upper legend encircling the bust, with the sitter's name 'DR. SIAKA STEVENS' continuing around the lower periphery. The design is framed by a beaded outer border, and the mirror-like proof field provides strong contrast to the raised effigy.
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Issued to mark the tenth anniversary of the Bank of Sierra Leone, founded in 1964 following independence from Britain three years earlier. The bank's establishment was part of a broader push to replace the West African Currency Board, which had governed monetary affairs across British West Africa since 1912 — an arrangement many newly independent governments viewed as a residual colonial mechanism.

Fr#8 is the gold issue in this three-metal commemorative set, alongside silver and cupro-nickel versions struck under the same KM#26 series. Low original mintages across all three metals are typical of this class of African commemorative gold, where official figures were rarely verified against actual distribution numbers.

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