Silver Five Ounces 2022 The Black Flag Fleet - The Rising Sun, Coin from Tuvalu - detailed information

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.

This design is the fourth release in the popular pirate-themed Black Flag series of premium bullion coins, and features the notorious Captain William Moody's ship, The Rising Sun.

Throughout the 17th and 18th centuries, pirates ruled the seven seas with their ships proudly displaying their uniquely menacing black flags to declare themselves in battle. Each release in this popular series struck by The Perth Mint features a famous pirate along with the emblem they associated with to celebrate some of the most fearsome figures in history. The previous releases in this series have included Blackbeard and his ship Queen Anne’s Revenge, Black Bart and his ship the Royal Fortune and Ching Shih with her ship known as the Red Flag Fleet.

Continuing the iconic Black Flag series from The Perth Mint, the fourth release features William Moody’s notorious ship, The Rising Sun. Moody was a pirate known for ransacking and torching countless ships in the Caribbean for a short time from 1718 to 1719. Soon after, Captain Moody’s crew resented his behaviour toward the sailors on the ship. The crew forced Moody, along with a few of his supporters, into a small boat and set sail without them. Captain Moody was never seen again and is presumed lost at sea.