Uganda, 10 cents, 1966

This one is new to me.

Uganda, 10 cents, 1966 (KM #2)


Uganda became independent of the UK in the 1960s, and replaced the colonial East African Shilling with their own Ugandan Shilling in 1966. It lasted until 1987, when internal revolution prompted an overhaul of the currency, revaluing at 100 to 1. Ten cents of the old shilling is 0.001 cents of the new shilling, which trades at over 2400 to the USD, making this coin worth 0.000042 cents USD! It’s far more valuable for collector value, or for being a big slug of copper.

The simple elegance of this coin’s design reminds me of the silver coins from the George V era of Great Britain. Mintage of this coin in 1966 was 19,100,000.

Metal Bronze
Weight 5 g
Diameter 25 mm
Shape Round
Demonetized yes

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