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 silver five-ounce format (abbreviated as 5 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:
The mythical phoenix appears on this astonishing 5oz silver high relief collectable featuring a stunning combination of antiqued and coloured finishes.
Traditionally described as an eagle-like bird with scarlet and gold plumage, the phoenix is an enduring symbol closely associated with renewal and immortality in many cultures worldwide. Just one phoenix is said to have existed at a time, each living for a period of not less than 500 years. Towards the end of this time, the phoenix built a nest that would become its own funeral pyre. After being consumed by flames, a new phoenix miraculously sprang from its predecessor’s ashes. | 
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