LESOTHO, 50 licente, 1966

$25.00

LESOTHO, 50 licente, 1966, Obverse: small fineness (4.2mm wide) to right of date,silver, 0.8131 ozT, KM4.1, Unc

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Description

The 1960s were a kind of golden age of commemorative coins. The coins were conceived and produced for purposes other than merely to sell to collectors. Not that the silver in this coin has anything to do with its stated value.

Modern Lesotho emerged in 1822, when King Moshoeshoe I made alliances with neighbors to oppose the designs of Shaka Zulu, a charismatic guy who believed that God wanted him to conquer everything he saw. Moshoeshoe later made deals with the British to forestall expropriation by Afrikaans speaking trekboers. Continued attention to diplomacy prevented the incorporation of Basutoland into South Africa, leading to the country’s independent status today.

It has been habitual, on the collecting side of numismatics, for “Africa” to exclude the Mediterranean coastal states, which are typically lumped in with the other Arab states in the category “Middle East.” Generally speaking, there was a colonial period and an independent period.

By “Modern World Coins” we mean here, generally, the round, flat, shiny metal objects that people have used for money and still do. “Modern,” though, varies by location. There was some other way they were doing their economies, and then they switched over to “modern coins,” then they went toward paper money, now we’re all going toward digital, a future in which kids look at a coin and say “What’s that?” We’ll say: “We used to use those to buy things.” Kids will ask “How?” The main catalog reference is the Standard Catalog of World Coins, to which the KM numbers refer.