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10 Kwacha Horned Owl

Issuer Reserve Bank of Malawi
Year 2010
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Value 10 Kwacha
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Reverse script Latin
Reverse lettering BIRDS OF PREY HORNED OWL
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Additional information

Malawi's wildlife coin program of the late 2000s and early 2010s produced a sprawling series of large-format silver-plated issues aimed squarely at the collector market rather than circulation. The Reserve Bank issued these under nominal face values that bore no relation to their production cost or market price — the 10 Kwacha denomination in 2010 was worth roughly US$0.07 at prevailing exchange rates.

The Verreaux's Eagle-Owl, one of Africa's largest owl species, is native to the region. Silver plating over copper-nickel was the standard substrate for this program, which kept costs low enough to sustain high mintage collector pieces across dozens of subjects.

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