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| Issuer | Bank of Zambia |
|---|---|
| Year | 1994 |
| Type | Non-circulating coin |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | ZAMBIA 1994 |
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| Mintage | 1994 - Proof |
| 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.