Catalog
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| Issuer | Nepal Rastra Bank |
|---|---|
| Year | 1987 |
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| Diameter | 38.7 mm |
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| Obverse description | Central field features the royal cipher of King Birendra Bir Bikram Shah Dev within an ornate square cartouche adorned with traditional Nepali decorative motifs, including floral and geometric elements at the corners. The Devanagari legend reads 'Shri Shri Shri Birendra Bir Bikram Shah Dev' arranged around and within the cartouche. The Bikram Sambat regnal year 2044 appears at the base of the central design. The entire composition is enclosed within a beaded border. |
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| Edge | Reeded |
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| Additional information |
The 3rd SAARC Summit was held in Kathmandu in November 1987, making Nepal the first host nation to strike a commemorative coin for the occasion. SAARC itself was barely two years old at the time — the charter had been signed in Dhaka only in December 1985 — and the Kathmandu summit was notable for producing the SAARC Regional Convention on Suppression of Terrorism, one of the organization's earliest binding agreements.
KM#1043 was struck in a relatively large copper planchet, unusual for Nepalese commemoratives of the period, which more commonly employed cupro-nickel.