Gold Ounce (1 oz), Bullion, Coin Type from Papua New Guinea - detailed information

Gold Ounce (1 oz), Bullion, Coin Type from Papua New Guinea (issued 2022 - )
Coin TypeGold 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.

Obverse
Papua New Guinea / Gold Ounce (1 oz), Bullion - obverse photo

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.

Obverse Inscription PAPUA NEW GUINEA 10 KINA
Reverse
Papua New Guinea / Gold Ounce (1 oz), Bullion - reverse photo

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.

Reverse Inscription 1 OZ FINE GOLD .999 [year] BIRD of PARADISE
EdgeMilledEdge InscriptionNone
Coin Type: Gold Ounce (1 oz), Bullion - (1) Coins
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Gold Ounce (1 oz), Bullion: Details
CountryPapua New Guinea
CurrencyKina
From2022
Face Value10 (x Kina)
CurrentYes
Material0.999 Gold
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size32.700 mm
Mass31.100 g