Silver Half Ounce 2010 Jellyfish - Australian Jellyfish, Coin from Pitcairn Islands - detailed information

The Pitcairn Islands is a non-sovereign British overseas territory in the Pacific Ocean. Having a population of fewer than fifty people, the territory has no need for local coinage and uses the New Zealand dollar as a medium of exchange. Pitcairn Islands began issuing its first commemorative coins in 1988. Though the Pitcairn Islands dollar is not a true currency in the strict sense of the word and is not used as a circulation coinage, it can be lawfully exchanged as tender and is considered a variety of the New Zealand dollar (although it is not legal tender in New Zealand). The Pitcairn Islands dollar exists only because of the coin collecting market, which provides a major staple for the tiny island nation.

The coins are struck by various foreign mints and use internationally popular formats, such as the half ounce (1/2oz) of silver. Some of them are released at prices much higher than their intrinsic value - such as this one - so are classified as Non-Circulating Legal Tender (NCLT) (for those sold at a low margin, see the bullion silver half ounce section instead).

The White-spotted Australian Jellyfish coloured silver coin is part of a series issued for the Pitcairn Islands which features Marine Life.

Jellyfish exist in many different colors and sizes some even as big as a human. Jellyfish are found in every ocean, from the surface to the deep sea. Some hydrozoan jellyfish, or hydromedusae, are also found in fresh water; freshwater species are less than an inch (25 mm) in diameter, are colorless and do not sting. Many of the best-known jellyfish, such as Aurelia, are scyphomedusae. These are the large, often colorful, jellyfish that are common in coastal zones worldwide.