Catalog
1 Shilling Magnetic
| Issuer | Bank of Uganda |
|---|---|
| Year | 1976 |
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| Composition | Log in to see details |
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| Reference(s) | KM#5a |
| Obverse description | The full Ugandan coat of arms occupies the central field, featuring a shield charged with a sun and traditional drum motif, supported by a Uganda kob (Kobus thomasi) rearing on the dexter side and a grey crowned crane (Balearica regulorum) standing on the sinister side, with a representation of the River Nile and vegetation in base. A scroll below the shield bears the national motto in the legend field. The circular legend BANK OF UGANDA appears above and ONE SHILLING below, all within a beaded border. |
|---|---|
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| Obverse lettering | · BANK OF UGANDA · FOR GOD AND MY COUNTRY ONE SHILLING |
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| Additional information |
The steel-core variant of Uganda's shilling emerged as a cost-cutting measure during the economic catastrophe of Idi Amin's regime, when foreign currency reserves had collapsed and importing the nickel required for solid copper-nickel blanks became increasingly difficult. The "a" suffix in the KM designation distinguishes it from the earlier non-magnetic copper-nickel strikes, and the magnetic property is the quickest field test for separating the two types.