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1000 Kwacha 20€ Note - reverse

Issuer Bank of Zambia
Year 1998-1999
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Weight 28.65 g
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Obverse lettering BANK OF ZAMBIA 19 99 1000 KWACHA
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Mintage 1998 - Proof -
1999 - Proof -
Additional information

Zambia's late-1990s novelty coinage leaned hard into the collector market, producing oversized pieces shaped like banknotes — a gimmick that found a surprisingly receptive audience in European coin fairs of the period. This piece mimics the obverse face of the 1000 Kwacha note then in circulation, a denomination worth roughly a few US cents by the time of issue, the kwacha having been gutted by years of copper-price collapse and structural adjustment conditionality from the IMF.

The silver-plated nickel brass construction degrades predictably at the high points of the relief lettering where plating thins during striking.

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