Catalog
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| Issuer | Bank of Namibia |
|---|---|
| Year | 1998 |
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| Orientation | Coin alignment ↑↓ |
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| Obverse description | The obverse features the coat of arms of the Republic of Namibia centered in the field, comprising a heraldic shield divided diagonally and displaying a sunburst motif, supported on either side by rearing oryx antelopes. An African fish eagle with outstretched wings surmounts the shield as a crest, while a ribbon scroll at the base bears the national motto UNITY LIBERTY JUSTICE. The legend REPUBLIC OF NAMIBIA arcs along the left and lower periphery, and the date 1998 appears in the lower field beneath the arms. The design is framed by a beaded border. |
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| Obverse lettering | UNITY LIBERTY JUSTICE 1998 REPUBLIC OF NAMIBIA |
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| Additional information |
Namibia's marine protection coinage series launched in the late 1990s as part of a broader push by SADC-region central banks to leverage the collector bullion market for conservation messaging — a format pioneered by the Pobjoy Mint and widely imitated across small-nation issuers during this decade. The Bank of Namibia's participation reflected the country's genuine jurisdictional stake: Namibia controls one of the most productive cold-water fisheries in the world, fed by the Benguela Current upwelling along its coastline.
At five troy ounces, the piece sits at the heavyweight end of the collector silver market for this era, a size that kept mintages low and secondary-market premiums high relative to spot.