Kingdom of Lesotho Moshoeshoe 1 – 250 Maloti Gold Coin – “International Year of The Child” 1979
A magnificent gold coin to commemorate ” The International Year of The Child” 1979. The coin comes in a beautiful original presentation box with insert. The small kingdom of Lesotho in the South of Africa issues gold investment coins. The first were minted in 1966 on the occasion of the independence of the former British colony Basutoland and had face value of 1 loti or 4 maloti (plural of loti). From then on, Lesotho issued gold coins now and again; in 1979 appeared the first with a weight of one full troy ounce of gold and a face value of 250 maloti. It commemorated the International Year of The Child sponsored by UNICEF ( United Nations Children’s Fund). The obverse shows a portrait of King Moshoeshoe I.
Basutoland was renamed the Kingdom of Lesotho upon independence from the UK in 1966. King MOSHOESHOE was exiled in 1990, but returned to Lesotho in 1992 and reinstated in 1995. Constitutional government was restored in 1993 after 23 years of military rule. In 1998, violent protests and a military mutiny following a contentious election prompted a brief but bloody intervention by South African and Botswanan military forces under the aegis of the Southern African Development Community. Constitutional reforms have since restored political stability; peaceful parliamentary elections were held in 2002.
Specification of Coin:
Weight: 31.103g/ 1.0 Troy Ounce
Pure Gold Content (g): 31.103g/1.0 Troy Ounces
Stock: In Stock