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4000 Shillings Matterhorn

Issuer Bank of Uganda
Year 1997
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Currency New shilling (1987-date)
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Reverse description A highly detailed relief depiction of the Matterhorn dominates the central field, enclosed within an inner circle, portraying the iconic pyramidal peak of the Swiss-Italian Alps with its characteristic rocky ridges and snow-streaked faces rendered in fine sculptural detail. The mountain rises from a broad base that fills the lower portion of the inner field. The circumscribed legend 'FAMOUS PLACES OF THE WORLD' arcs along the upper border, while the name 'MATTERHORN' is inscribed in bold raised lettering along the lower margin, all in Latin script.
Reverse script Latin
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Additional information

Uganda has no geographic or historical connection to the Matterhorn. This coin is a pure bullion-adjacent commemorative produced for the international collector market, one of dozens of similar issues contracted through European minting intermediaries during the 1990s that used African sovereign names as legal tender vehicles for gold fractionals. The issuing authority was nominal; the commercial logic was entirely export-driven.

KM#117 corresponds to a fractional gold series that briefly flooded the collector market before demand collapsed around 1999–2000.

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