| Coin | Silver Three Ounces 2024 Nautical Ounce - Cutty Sark |
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The Rwandan Franc was introduced as the currency of Rwanda in 1964. Apart from its regular circulating coinage, the country has also authorised some foreign mints to issue coins under its jurisdiction, which come in a variety of sizes - including in the large three troy ounces (3 oz) of silver format, denominated usually as 1,000 Francs. These coins are Non-Circulating Legal Tender (NCLT) and not bullion, because they are issued at prices significantly above the intrinsic value of the precious metal they are made of.
This coin is part of the Rwandan Nautical Ounce series which features a new reverse design every year, and commemorates the Cutty Sark sailing ship.
The Cutty Sark, one of the most famous British clipper ships, was launched in 1869 and quickly became a symbol of the golden age of sail. Designed for speed, the Cutty Sark was built to transport tea from China to Britain and later shifted to carrying wool from Australia. Renowned for its sleek design and impressive sailing capabilities, the ship held several speed records during its prime. After retiring from active service, the Cutty Sark was preserved as a museum ship in Greenwich, London, where it stands today as a testament to maritime history and 19th-century shipbuilding innovation. Its legacy continues to attract visitors from around the world, making it an iconic piece of nautical heritage. |
| Mint | B. H. Mayer |
Mint Mark | No mint mark |
Total Mintage |
500
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| Obverse | |
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Within a plain rim, the obverse of the coin features the Coat of Arms of Rwanda. At its centre is a traditional basket, surrounded by the central tribal devices: a stem of sorghum on the left, and a branch of a coffee tree on the right, surmounted on a cog wheel with the sun with its rays above. These are protected by two typical Rwandan shields, one on the right and one on the left. The design is encircled by a rope, tied below in a square knot.
On a ribbon above, REPUBULIKA Y'U RWANDA (Republic of Rwanda); on a ribbon below, the motto UBUMWE · UMURIMO · GUKUNDA IGIHUGU (Unity, Work, Patriotism in Kinyarwanda - the official Rwandan language).
Around above, the name of the issuing authority: BANKI NKURU Y'U RWANDA (National Bank of Rwanda; in French: Banque Nationale du Rwanda; abbreviated as BNR).
Around below, the face value AMAFARANGA 1000 IGIHUMBI (1,000 FRW - one thousand Rwandan Francs). |
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| Reverse | |
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The reverse design depicts the Cutty Sark sailing ship under full sail.
Above right, a compass rose (sometimes called a "wind rose") showing the main directions, with "rhumb lines" radiating from it into the background of the design. In an oval above the ship, encircled by a rope, navigational instruments of the time: spyglass, compass and sextant.
On the waves below, the name of the ship: Cutty Sark.
Around left, the name of the coin series: NAUTICAL OUNCE.
Around above right, the date of issue 2024. Around below right, facing outward, the precious metal content: 3 oz FINE SILVER 999 (three troy ounces of 99.9% silver). |
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| Reverse Inscription |
NAUTICAL OUNCE 2024 1 oz FINE SILVER 999 Cutty Sark |
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| Edge | Milled | Edge Inscription | None |
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| Notes | Finish: antique, Ultra High Relief (6 mm).
Packaging: in plastic capsule, with a Certificate of Authenticity branded with BNR (National Bank of Rwanda). |
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| See also |
Coins in the Nautical Ounce series include:
- 1 oz Gold, Nautical Ounce - Santa Maria, 2017
- 1 oz Silver, Nautical Ounce - Santa Maria, 2017
- 1 oz Gold, Nautical Ounce - HMS Endeavour, 2018
- 1 oz Silver, Nautical Ounce - HMS Endeavour, 2018
- 1 oz Gold, Nautical Ounce - Victoria, 2019
- 1 oz Silver, Nautical Ounce - Victoria, 2019
- 1 oz Gold, Nautical Ounce - Mayflower, 2020
- 3 oz Silver Antique High Relief, Nautical Ounce - Mayflower, 2020
- 1 oz Silver (with Antique version), Nautical Ounce - Mayflower, 2020
- 1 oz Gold, Nautical Ounce - Sedov, 2021
- 3 oz Silver Antique High Relief, Nautical Ounce - Sedov, 2021
- 1 oz Silver (with Antique version), Nautical Ounce - Sedov, 2021
- 1 oz Gold, Nautical Ounce - USS Constitution, 2022
- 3 oz Silver Antique High Relief, Nautical Ounce - USS Constitution, 2022
- 1 oz Silver (with Antique version), Nautical Ounce - USS Constitution, 2022
- 1 oz Gold, Nautical Ounce - Great Eastern, 2023
- 3 oz Silver Antique High Relief, Nautical Ounce - Great Eastern, 2023
- 1 oz Silver (with Antique version), Nautical Ounce - Great Eastern, 2023
- 1 oz Gold, Nautical Ounce - Cutty Sark, 2024
- 3 oz Silver Antique High Relief, Nautical Ounce - Cutty Sark, 2024
- 1 oz Silver, Nautical Ounce - Cutty Sark, 2024
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