Lesotho's 1992 coinage was issued under Letsie III following the military-backed removal of Moshoeshoe II in 1990 — a deposition engineered by Major General Lekhanya that replaced the sitting king with his own son. Letsie III would himself be pressured to abdicate in 1995, restoring his father, making coins from this brief first reign a narrow documentary window in the monarchy's turbulent recent history.
The non-magnetic brass composition distinguishes this piece from later issues, a detail that occasionally creates misattribution problems when unsorted lots are tested with a magnet.
Lesotho's 1992 coinage was issued under Letsie III following the military-backed removal of Moshoeshoe II in 1990 — a deposition engineered by Major General Lekhanya that replaced the sitting king with his own son. Letsie III would himself be pressured to abdicate in 1995, restoring his father, making coins from this brief first reign a narrow documentary window in the monarchy's turbulent recent history.
The non-magnetic brass composition distinguishes this piece from later issues, a detail that occasionally creates misattribution problems when unsorted lots are tested with a magnet.