Catalog
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| Issuer | Bank of Zambia |
|---|---|
| Year | 1998-1999 |
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| Value | Log in to see details |
| Currency | Kwacha (1968-2012) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | A rectangular multicolor inset depicting the reverse design of the 500 Euro banknote is centrally set within the coin's field, rendered in shades of purple and violet and featuring the map of Europe and an architectural viaduct motif with the denomination 500 appearing at multiple positions. The surrounding field is deeply recessed and darkened, with two small circular decorative dots flanking the inset at mid-height. The legend EUROPEAN UNITY arcs along the upper periphery and ONE CURRENCY along the lower periphery, both in raised lettering separated by raised dots. |
| Reverse script | Latin |
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| Additional information |
This piece belongs to a short-lived commemorative program issued by the Bank of Zambia during a period of significant economic strain — by the late 1990s, Zambia's kwacha had depreciated so severely against hard currencies that a 1000 Kwacha denomination, while nominally substantial, was worth only a few US cents in real purchasing power. The coin's face value and its €500 reverse motif existed in almost satirical contrast.
The euro-denominated reverse ties it to a European Currency Institute promotional wave ahead of the euro's January 1999 launch, when several non-European mints and issuers produced novelty pieces reproducing proposed banknote designs.