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

Silver Ounce (1 oz), Bullion, Coin Type from Papua New Guinea (issued 2022 - )
Coin TypeSilver 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 silver forma. The coins have a nominal face value of 1 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 / Silver 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 1 KINA.

Obverse Inscription PAPUA NEW GUINEA 1 KINA
Reverse
Papua New Guinea / Silver 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 SILVER .999 [year] BIRD of PARADISE
EdgeMilledEdge InscriptionNone
Coin Type: Silver Ounce (1 oz), Bullion - (1) Coins
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Silver Ounce (1 oz), Bullion: Details
CountryPapua New Guinea
CurrencyKina
From2022
Face Value1 (x Kina)
CurrentYes
Material0.999 Silver
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size39.000 mm
Mass31.100 g