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5000 Shillings Dr. Milton Obote

Issuer Bank of Uganda
Year 1981
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Value 5000 Shillings (5000 UGS)
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Obverse script Latin
Obverse lettering UGANDA • 5000 SHILLINGS • PEARL OF AFRICA • 5000 SHILLINGS •
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Additional information

Issued the same year Obote returned to power following the overthrow of Idi Amin and a contested 1980 election widely condemned as fraudulent, this piece belongs to a category of high-denomination gold issues produced almost entirely for export sale rather than domestic use — Uganda's shilling was effectively worthless in real terms by 1981. The Bank of Uganda authorized several such collector pieces during this period, the hard currency from foreign sales being considerably more useful than any nominal face value.

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