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Stephen Album Rare Coins
Auction 41  16-19 Sep 2021
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Lot 1704

Starting price: 220 USD
Price realized: 2000 USD
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UGANDA: Republic, 5 cents, 1987, N-178813, copper-clad steel unissued type, surface hairlines, RRR. In 1986, the British Royal Mint received orders to mint Ugandan coins in five denominations: 1 shilling, 50 cents, 20 cents, 10 cents, and 5 cents. However, months later, the order was changed. The sizes, weights, and designs all remained the same, with the only difference being the denominations that appeared on the coin. The change was as follows: 1 shilling became 10 shillings, 50 cents became 5 shillings, 20 cents became 2 shillings, 10 cents became 1 shilling, and the 5 cent denomination was abandoned. Many 1 shilling and 5 cent coins were struck before the order was changed, but when it became apparent that a change was necessary, the coins were held. The Mint held all the coins for a couple years before they were seemingly scrapped. Examples of the 1 shilling and 5 cent pieces are located in the Royal Mint Museum, as are trial strikes of the 20 cent and 10 cent pieces.

Estimate: 200-400 USD
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