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100 000 Kwacha - Elizabeth II Queen Mother

Issuer Bank of Zambia
Year 2002
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Currency Kwacha (1968-2012)
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Obverse description Diademed and draped bust of Queen Elizabeth II facing right, engraved after the effigy by Raphael David Maklouf, set within a raised inner circle at center. The Zambian coat of arms appears above in the upper field. The legend BANK OF ZAMBIA arcs along the upper periphery, with the divided date 20 02 flanking the central medallion at left and right. The denomination 100.000 K is inscribed along the lower field, with the weight 3000g noted at lower left and the fineness designation Silver 999 at lower right.
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Obverse lettering BANK OF ZAMBIA 20 02 3000g 100.000 K Silver 999
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Additional information

This piece belongs to a wave of outsized commemorative issues produced in the early 2000s by smaller central banks — Zambia prominent among them — that licensed royal and celebrity likenesses for collector market revenue rather than domestic circulation. The Bank of Zambia had no particular constitutional or Commonwealth tie compelling this issue; it was commercially motivated. Queen Elizabeth The Queen Mother died in March 2002 at age 101, and several mints rushed commemoratives to market that year.

At 3 kilograms of .999 silver cast into a 130mm disc, handling without purpose-built storage is genuinely inadvisable.

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