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500 Shillings Dr. Milton Obote

Issuer Uganda
Year 1981
Type Non-circulating coin
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Obverse description Two African elephants (Loxodonta africana) depicted in left profile, set against a background featuring a tree; the composition occupies the central field of the coin. The denomination and country name appear as a circular legend surrounding the central device, reading '500 SHILLINGS • UGANDA • 500 SHILLINGS • PEARL OF AFRICA •' in raised Latin lettering.
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Edge Milled
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Additional information

This coin was issued the year Obote returned to power following the overthrow of Idi Amin's regime, a period of violent political instability during which Uganda's economy was in ruins and its currency effectively worthless in practical terms. That a large silver commemorative was produced at all speaks more to the international collector market than to domestic monetary conditions.

The .500 fineness is notably low for a commemorative of this size, keeping silver content modest despite the substantial weight.

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