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40 000 Kwacha Edward VII

Issuer Bank of Zambia
Year 2001
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Weight 47.54 g
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Reverse lettering EDWARDVS VII D : G: BRITT:OMN:REX F:D:IND:IMP.
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Mintage 2001 - KM#154.1; Medallic die alignment; Proof - 1
2001 - KM#154.2; Coin die alignment; Matte - 1
Additional information

The 40,000 Kwacha denomination exists entirely as a collector fiction — no circulating Zambian coinage has ever approached that face value, and the figure bears no relationship to any monetary policy decision made by the Bank of Zambia. These large-denomination gold issues were contracted through external minting houses in the early 2000s and bulk-licensed under Zambian authority primarily for the international bullion and numismatic trade.

Edward VII died in 1910, making his appearance on a 2001 Zambian issue a straightforward licensing curiosity rather than any commemorative logic tied to Zambia's own history.

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