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50 Lisente - Letsie III
| Issuer | Central Bank of Lesotho |
|---|---|
| Year | 1998-2018 |
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| Reference(s) | KM#65 |
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|---|---|
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| Obverse lettering | KINGDOM OF LESOTHO KHOTSO PULA NALA 1998 |
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| Reverse script | Latin |
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| Additional information |
Lesotho's decimal coinage series was introduced in 1966 alongside independence from Britain, but the specific brass-plated steel transition for smaller denominations came as the Central Bank responded to rising metal costs that made solid alloy coins economically impractical. Letsie III's long tenure — interrupted briefly between 1990 and 1995 when his father Moshoeshoe II was reinstated — accounts for the extended date range on this type.
The 1995 restoration of Letsie III followed a negotiated abdication rather than a conventional succession.