Gold Ounce (1 oz), Coin Type from Tuvalu - detailed information

Gold Ounce (1 oz), Coin Type from Tuvalu (issued 2020 - )
Coin TypeGold Ounce (1 oz)

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. Some of these are in the gold ounce format (abbreviated as 1 oz). Strictly speaking, they 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.

The overall weight of the coins (including the 0.01% of other metals) is slightly over one troy ounce, so that they have exactly 1.000 AGW (Absolute Gold Weight).

Obverse
Tuvalu / Gold Ounce (1 oz) - obverse photo

Effigy of the ruling monarch, legend, face value.

Obverse Inscription Legend of the ruling monarch, face value
Reverse
Tuvalu / Gold Ounce (1 oz) - reverse photo

Various designs as individually described below.

Reverse Inscription
EdgeMilledEdge InscriptionNone
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Gold Ounce (1 oz): Details
CountryTuvalu
CurrencyTuvaluan Dollar
From2020
Face Value100 (x Dollar)
CurrentYes
Material0.9999 Gold
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size32.600 mm
Thickness3.500 mm
Mass31.107 g