4000 Kwacha - Elizabeth II The Coronation

Zambia issued a run of commemorative silver pieces in the early 2000s under licensing arrangements that had little to do with the country's monetary needs and everything to do with the international collectibles market. The 50th anniversary of the Coronation in 2003 prompted numerous such issues across Commonwealth and non-Commonwealth mints alike — this piece, dated 2002, was struck in anticipation of that anniversary year.

KM#348 is one of several Zambian commemoratives from this period bearing the effigy of Elizabeth II produced for collector sale rather than circulation.