Gold Five Ounces (5 oz), Coin Type from Tuvalu - detailed information

The Tuvaluan Dollar is the currency of Tuvalu - a small nation in the Pacific Ocean. Tuvalu has never had banknotes of its own, and has been issuing coins since 1976; these circulate together with coins of the Australian Dollar, which is also legal tender in the country, and to which the Tuvaluan Dollar is pegged.

The Australian Perth Mint issues a large variety of non-circulating legal tender coins under the authority of Tuvalu, including in the very large five troy ounces of gold format (abbreviated as 5 oz). These are not bullion as they are priced at a premium and are targeted at collectors who appreciate them for their artistic merit and collectable value and not just for their precious metal content.