| Coin | Silver Ounce 2023 Year of the Rabbit |
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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 ounce (1 oz silver) format, denominated usually as 200 Ngultrum. Like any bullion coin though, their actual value is unrelated to the face value, and is based primarily on the metal content and the spot price of that metal on the commodities markets.
The mint says about this coin:
2023 marks the commencement of a new lunar almanac cycle with the Year of the Rabbit. The Royal Monetary Authority of Bhutan proudly issues the Happiest Lunar Coin Series - 2023 Bhutan Lunar Rabbit coins, exclusively minted and marketed by The Singapore Mint. This new launch is the eighth coin issue of the Bhutan Lunar and Attraction series (2016 - 2027).
The blissful rabbit, adorned with big cloud swirls and leaves depicting the rabbit’s joyous adventures in Bhutan’s vast plains and forests, shares its blessings of good fortune with everyone. |
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| Obverse | |
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Within a plain rim, the obverse of the coin features the national Emblem of Bhutan.
Within the circle of the national emblem, two crossed vajras (legendary weapons) are placed over a lotus. They are flanked on either side by a male and female dragon. A wish-fulfilling jewel is located above them. There are four other jewels inside the circle where the two vajras intersect. They symbolise the spiritual and secular traditions of the Kingdom based on the four spiritual undertakings of Vajrayana Buddhism. The lotus symbolises absence of defilements; the wish-fulfilling jewel, the sovereign power of the people; and the two dragons, the name of the Kingdom (known as The Thunder Dragon Kingdom).
Around above, the name of the country in English: KINGDOM OF BHUTAN. Around below, "Bhutan" in Tibetan script: འབྲུག་ཡུལ་. |
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| Reverse | |
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The reverse shows a rabbit facing left, decorated with floral motifs and surrounded by Bhutan's "swirls of nature".
Around above, the inscription 2023 YEAR OF THE RABBIT.
In a ribbon below, the face value NU . 200 (200 Ngultrum), below which in smaller letters the precious metal content, 1 OZ 999 FINE SILVER (one troy ounce of 99.9% silver). |
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| Reverse Inscription |
· · 2023 YEAR OF THE RABBIT · · NU . 200 1 OZ 999 FINE SILVER |
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| Edge | Milled | Edge Inscription | None |
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| Notes | Finish: Brilliant Uncirculated.
Packaging: individual coin in capsule, or 10 coins in mint roll, or 300 in monster box. |
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