Catalog
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| Issuer | Bank of Zambia |
|---|---|
| Year | 1994 |
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| Currency | Kwacha (1968-2012) |
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| Obverse description | The national coat of arms of Zambia displayed centrally, featuring a shield bearing wavy horizontal bands, supported on the dexter by a male figure in working attire and on the sinister by a female figure in traditional dress, both standing on a grassy mound. Above the shield, an African fish eagle with wings displayed serves as the crest. A ribbon scroll at the base carries the national motto ONE ZAMBIA ONE NATION. The country name ZAMBIA appears in the upper legend, with the date 1994 in the exergue. |
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| Obverse script | Log in to see details |
| Obverse lettering | ZAMBIA 1994 |
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| Additional information |
The Lizard Buzzard (*Kaupifalco monogrammicus*) is a small accipiter-family raptor resident across sub-Saharan Africa, including Zambia's miombo woodlands. This 1994 issue belongs to a run of large-format silver pieces the Bank of Zambia commissioned during the early 1990s, a period when many African central banks turned to high-weight collector coinage as a hard-currency revenue stream — the face value was nominal against the silver content and the foreign collector premium both.
At 136 grams of .925 silver in a 63mm planchet, these were struck to impress rather than circulate. Zambia's kwacha was under significant inflationary pressure throughout this period.