| Coin | Silver Five Ounces 2024 Year of the Dragon |
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The Kingdom of Bhutan has used the Ngultrum (དངུལ་ཀྲམ) as its currency since 1974. Apart from its regular circulating coinage, the Royal Monetary Authority of Bhutan has also authorised some foreign mints to issue coins under its jurisdiction, which come in a variety of sizes - including in the internationally popular silver five ounces (5 oz silver) very large format, denominated usually as 1,000 Ngultrum. These coins are considered Non-Circulating Legal Tender (NCLT) and not bullion, because they are released at prices significantly higher than the intrinsic (bullion) value of their precious metal content.
The mint says about this coin:
2024 marks the commencement of a new lunar almanac cycle with the Year of the Dragon. The Royal Monetary Authority of Bhutan proudly issues the Happiest Lunar Coin Series - 2024 Bhutan Lunar Dragon coins, exclusively minted and marketed by The Singapore Mint. This new launch is the ninth coin issue of the Bhutan Lunar and Attraction series (2016-2027).
The majestic dragon which symbolises royalty and strength, is embellished with Bhutan’s swirls of nature. The breathtaking flight of the dragon soaring through the skies blesses everyone with everlasting happiness and good fortune. |
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| Obverse | |
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Surrounded by a decorative motif, the obverse design is coloured and features Rinpung Dzong, a 17th century Buddhist monastery, which in its native language means “the Fortress on a Heap of Jewels”.
Around above, the name of the country in English: KINGDOM OF BHUTAN. Around below, the date of issue: · · · 2024 · · ·. |
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| Reverse | |
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The reverse shows a dragon facing the viewer, surrounded by Bhutan's "swirls of nature", above a pearl of wisdom.
Around above, the inscription YEAR OF THE DRAGON.
In a ribbon below, the face value NU . 1000 (1,000 Ngultrum), below which in smaller letters the precious metal content, 5 OZ 999 FINE SILVER (five troy ounces of 99.9% silver). |
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| Reverse Inscription |
· · · YEAR OF THE DRAGON · · · NU . 1000 5 OZ 999 FINE SILVER |
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| Edge | Plain | Edge Inscription | None |
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| Notes | Finish: proof, coloured, ultra-high relief (up to 3 times the usual relief height).
Packaging: in acrylic display in a lacquered wooden box.
Singapore Mint Product Code: Q308.
Release price: S$ 750.00. |
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