Issued under the Bank of Uganda's wildlife series program of the mid-1990s, this coin was produced during a period when Uganda was actively rebuilding international financial credibility following decades of economic devastation under Amin and Obote. Silver bullion issues of this type were targeted almost entirely at the collector export market — hard currency generation, not domestic circulation.
KM#48 is sometimes confused with contemporaneous issues in the same series due to overlapping subject matter and near-identical specifications. Worth confirming the reference against the die alignment before cataloging in bulk lots.
Issued under the Bank of Uganda's wildlife series program of the mid-1990s, this coin was produced during a period when Uganda was actively rebuilding international financial credibility following decades of economic devastation under Amin and Obote. Silver bullion issues of this type were targeted almost entirely at the collector export market — hard currency generation, not domestic circulation.
KM#48 is sometimes confused with contemporaneous issues in the same series due to overlapping subject matter and near-identical specifications. Worth confirming the reference against the die alignment before cataloging in bulk lots.