Catalog
10 Maloti
| Issuer | Central Bank of Lesotho |
|---|---|
| Year | 2010-2013 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Loti (1980-date) |
| Composition | Log in to see details |
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| Obverse description | Red and lilac tones over a multicolored guilloche underprint. Three royal portraits are arranged across the face: King Moshoeshoe II and King Letsie III flanking a central vignette of Morena Moshoeshoe I, founder of the Basotho nation. The issuing authority inscription and legal tender clause appear in English. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The central vignette presents an intaglio-rendered bouquet of cosmos wildflowers set against a mountainous landscape within a circular guilloche frame, rendered in red, pink, and multicolor tones. The denomination numeral '10' appears in dark red at upper left and lower right, with the Central Bank of Lesotho emblem in the upper right corner. The Sesotho denomination legend is inscribed along the lower left margin. |
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| Comments |
Thomas De La Rue printed the entire run of just over 12 million notes — a modest quantity for a country of Lesotho's size, and consistent with an economy where the South African rand circulates freely alongside the loti under the Common Monetary Area agreement. The loti is pegged one-to-one with the rand, which sharply limits the Central Bank's incentive to issue large volumes of its own paper.
Security on this issue is relatively light — watermark only, no metallic thread or color-shifting ink. That places it at the low end of De La Rue's contemporary production capabilities.