| Coin | Silver Quarter Ounce 2024 Year of the Dragon, Proof |
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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 quarter ounce (1/4oz) 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 quarter ounce section instead).
This coin was issued to mark the Chinese Lunar Year of the Dragon 2024 (10 February 2024 - 28 January 2025). |
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| Obverse | |
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The obverse of the coin shows the bare (uncrowned) head of King Charles III facing left.
In tiny letters on the neck truncation, the artist's initials: GD (for Glyn Davies).
Around, the monarch's legend followed by the face value and date of issue: CHARLES III · PITCAIRN ISLANDS · ONE DOLLAR · 2024 ·.
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| Reverse | |
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The reverse design depicts a coiled snarling Chinese dragon, on a background of tree blossoms and lanterns.
Around below, the inscription LUNAR YEAR OF THE DRAGON. |
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| Reverse Inscription |
LUNAR YEAR OF THE DRAGON |
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| Edge | Milled | Edge Inscription | None |
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| Notes | Finish: proof.
Packaging: in presentation box, with a numbered Certificate of Authenticity.
Note that, unlike the bullion quarter ounce, the proof version is denominated as $1. |
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