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500 Shillings Central Bank
| Issuer | Central Bank of Kenya |
|---|---|
| Year | 1986 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | 38.61 mm |
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| Obverse description | The national coat of arms of Kenya occupies the central field, depicting a Maasai shield and two crossed spears supported by two lions rampant, with a cockerel atop the shield and a scroll bearing the national motto 'HARAMBEE' below. The denomination '500' appears in the exergue beneath the arms. The circular legend around the periphery reads 'CENTRAL BANK OF KENYA' to the upper left and '14TH SEPTEMBER 1966-1986' to the upper right, with 'FIVE HUNDRED SHILLINGS' along the lower arc. |
|---|---|
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| Mintage | 1986: ND (1986) |
| Additional information |
Kenya's 500 Shilling silver issues of the mid-1980s were produced primarily for the collector and proof set market rather than circulation, a pattern common among Commonwealth-linked central banks seeking foreign exchange revenue during a period when Kenya's economy was under significant IMF structural adjustment pressure. KM#42 sits in a short run of commemorative silver pieces the Central Bank issued through this decade.
The .925 silver specification and 28.28g weight mirror the standard adopted for most Commonwealth commemorative issues of the period, benchmarked against the British crown-sized format — a deliberate choice to appeal to established collector markets in Britain and North America.