Gold Ounce 2021 Laughing Buddha, Coin from Tuvalu - detailed information

Gold Ounce 2021 Laughing Buddha, Coin from Tuvalu
CoinGold Ounce 2021 Laughing Buddha

The Tuvaluan Dollar is the currency of Tuvalu - a small nation in the Pacific Ocean. Tuvalu has never had banknotes of its own, and has been issuing coins since 1976; these circulate together with coins of the Australian Dollar, which is also legal tender in the country, and to which the Tuvaluan Dollar is pegged.

The Australian Perth Mint issues a large variety of non-circulating legal tender coins under the authority of Tuvalu. Some of these are in the gold ounce format (abbreviated as 1 oz). Strictly speaking, they are not bullion as they are priced at a premium and are targeted at collectors who appreciate them for their artistic merit and collectable value and not just for their precious metal content.

The Mint says about this coin:
This exceptional gold coin, struck by The Perth Mint in prestigious proof quality, honours Laughing Buddha with a bas relief image of the auspicious figure moulded in jade.

Laughing Buddha is considered to be a joyous, more exuberant reincarnation of the famous philosopher and spiritual teacher. Associated with good luck, happiness and abundance in whatever one wishes for, he is a highly revered figure for many adherents. Represented in jade, an ornamental mineral that has occupied an important place in Asian cultures for thousands of years, Laughing Buddha is depicted atop a portrayal of lucky coins.

MintPerth Mint Mint MarkLetter P Total Mintage288
Obverse
Tuvalu / Gold Ounce 2021 Laughing Buddha - obverse photo

The obverse of the coin shows the crowned mature head of Queen Elizabeth II facing right (her effigy known as the "Fourth Portrait"). The Queen wears the "Girls of Great Britain and Ireland" diamond tiara, a wedding gift from Queen Mary (Her Majesty's grandmother) in 1947 - which she also has on the Machin and the Gottwald portraits.

In tiny letters below the head, the artist's initials IRB (for Ian Rank-Broadley).

Around the effigy is the monarch's legend, the date of issue and the value: QUEEN ELIZABETH II 1 oz 9999 GOLD 2021 TUVALU 100 DOLLARS.

The inscription around the rim also incorporates the precious metal content. "1 oz 9999 GOLD" means "one troy ounce of 99.99% gold".

Obverse Inscription QUEEN ELIZABETH II 1 oz 9999 GOLD 2021 TUVALU 100 DOLLARS
Reverse
Tuvalu / Gold Ounce 2021 Laughing Buddha - reverse photo

At the centre of the reverse is a jade insert portraying the Laughing Buddha in relief; behind him, a pattern of sun rays radiating out. The Perth Mint's P mint mark is on one of the rays on the left.

Around above, on a background of thin wavy lines, the inscription LAUGHING BUDDHA.

Around below, a pile of Chinese "lucky" coins with a square hole at centre. The designer's initials NM (for Natasha Muhl) are on one of the coins on the right.

Reverse Inscription LAUGHING BUDDHA
EdgeMilledEdge InscriptionNone
Notes

Gold Content (Troy oz): 1.000
Finish: proof, jade insert.
Packaging: accompanied by a numbered Certificate of Authenticity, the coin is housed in a classic display case with a wooden lid and a brilliantly illustrated shipper.
Perth Mint Item ID: 21I34AAA
Issue price: AU$ 4,000.00.

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Gold Ounce 2021 Laughing Buddha: Details
CountryTuvalu
CurrencyTuvaluan Dollar
Coin TypeGold Ounce (1 oz)
Issued2021
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Fourth Portrait, by Ian Rank-Broadley
Face Value100 (x Dollar)
Total Mintage288
CurrentYes
Material0.9999 Gold
DesignerNatasha Muhl
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size32.600 mm
Thickness2.950 mm
Mass31.107 g
OCC IDBVYX-OWRC-YJXM-EJZN
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Gold Ounce 2021 Laughing Buddha: Photos
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Coin, Tuvalu, Gold Ounce 2021 Laughing Buddha
Copyright: Perth Mint
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Coin, Tuvalu, Gold Ounce 2021 Laughing Buddha
Copyright: Perth Mint
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Coin, Tuvalu, Gold Ounce 2021 Laughing Buddha
Copyright: Perth Mint
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Coin, Tuvalu, Gold Ounce 2021 Laughing Buddha
Copyright: Perth Mint
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