Namibia 5 cents 2002 Nickel plated steel, (UNC), World Coins Namibia KM 1
Namibia 5 cents 1993 Nickel plated steel, World Coins Namibia KM#1
Namibian coins reflect the country’s recent history, having gained independence in 1990 after decades of South African administration. The introduction of the Namibian dollar established an autonomous monetary system, while maintaining parity with the South African rand, which still circulates in the country. Modern issues feature African wildlife, national symbols and cultural elements that reinforce Namibia’s identity. Namibian numismatics is valued for the quality of its minting and its historical connection to the former German South West Africa and later South African rule. Namibia’s coins are sought after by collectors who appreciate the monetary evolution of Southern Africa.