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50 Maloti - Moshoeshoe II Independence
| Issuer | Lesotho Monetary Authority |
|---|---|
| Year | 1976 |
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| Currency | Non-circulating Loti (1966-1980) |
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| Obverse description | Central field displays the national coat of arms of Lesotho, featuring a shield supported by two rearing horses on either side, with a crocodile on the shield and a Basotho hat above. A scroll beneath the shield bears the national motto 'KHOTSO PULA NALA' (Peace, Rain, Prosperity). The legend 'KINGDOM OF LESOTHO' arcs along the upper periphery, with '1966 - 1976' and '10th ANNIVERSARY OF INDEPENDENCE' inscribed along the lower periphery. The entire design is framed by a beaded border. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Lesotho gained independence from Britain in 1966, but this commemorative dates to a decade later — issued by the Lesotho Monetary Authority in its early years of operation, before the central bank was formally established in 1978. The Authority itself was a transitional institution, created specifically to manage the country's shift away from the rand-based common monetary area toward a sovereign currency, the loti, introduced in 1980.
Moshoeshoe II, the reigning king at issue, was twice deposed — first in 1990, then again in 1995 — dying in disputed circumstances at Thaba-Bosiu in January 1996.