Catalog
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| Issuer | Reserve Bank of Rhodesia |
|---|---|
| Year | 1966 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | 3.99 g |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Edge | Reeded |
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| Additional information |
Rhodesia issued this coin in the immediate aftermath of Ian Smith's Unilateral Declaration of Independence from Britain in November 1965 — a political rupture that left the country's currency in legal limbo. The Reserve Bank of Rhodesia pressed ahead with gold coinage partly to signal economic legitimacy to a skeptical international community, and partly because gold reserves gave the regime a harder monetary footing than the sanctions-strangled economy could otherwise sustain.
The second portrait of Elizabeth II appears here despite Smith's government having severed ties with the Crown — an irony the Rhodesian administration never publicly addressed. The republic was not declared until 1970.