|Coin Type||Gold Ounce (1 oz), Bullion|
Papua New Guinea has issued its circulating currency, the Kina, since 1975 (it was introduced even before the country gained formal independence).
In 2022, the country issued bullion coins for the first time, including in the one ounce of gold format. The coins have a nominal face value of 10 Kina, but their intrinsic value is much higher; they are targeted at bullion investors. The design features a bird of paradise, which was first depicted on the coinage of German New Guinea in 1894, and is now shown on the Emblem of Papua New Guinea.
Within a plain border, the obverse of the coin features the national emblem of Papua New Guinea: a bird of paradise with outstretched wings and broadly fanned tail feathers, over a traditional native ceremonial spear and an hourglass-shaped wooden "kundu" drum.
Around above, the name of the country: PAPUA NEW GUINEA.
Around below, the face value 10 KINA.
||PAPUA NEW GUINEA 10 KINA
The reverse design features a bird of paradise in flight, on a background of traditional decorative motifs.
Around above, an inscription bearing the precious metal content: 1 OZ FINE GOLD .999 (one troy ounce of 99.9% gold), followed by the date of issue: [year]
Around below, BIRD of PARADISE.
||1 OZ FINE GOLD .999 [year] BIRD of PARADISE