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5 Thebe

Issuer Bank of Botswana
Year 1991-1996
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Technique Milled
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Edge Plain (KM#4a.1, 1991) or Reeded (KM#4a.2, 1996)
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Mintage 1991 - KM#4a.1 Heaton , Birmingham (smooth edge, small value and year number, smaller bough and beak)) -
1996 - KM#4a.2 South African Mint (reeded edge; thick letters + numbers, redesigned coat of arms with small animal) -
Additional information

The KM#4a designation marks the transition from the original bronze composition to bronze-clad steel — a cost-driven recoinage decision common across sub-Saharan Africa in the early 1990s as copper prices made small-denomination bronze coins economically irrational to produce. Botswana made the switch quietly, with no public announcement distinguishing the new planchet type from its predecessor in circulation.

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