Silver Ounce 2019 Laughing Buddha, Coin from Tuvalu - detailed information

Silver Ounce 2019 Laughing Buddha, Coin from Tuvalu
CoinSilver Ounce 2019 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 silver 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:
A Perth Mint first, this innovative 1oz silver coin incorporates a Laughing Buddha insert made of jade, featuring 99.99% pure silver with antiqued finish.

At the heart of this 1oz silver coin sits an insert carved from jade, a stone traditionally symbolising beauty, purity and virtue in Chinese culture. It is sculpted into a representation of the Laughing Buddha, a Buddhist figure frequently represented in statues believed to bring good luck and fortune. He is portrayed atop a mound of coins on the reverse of this stunning antiqued coin in reference to his association with prosperity and abundance. The coin’s reverse depicts the legendary Laughing Buddha sitting atop a mound of coins against a background of stylised rays of sunlight.

MintPerth Mint Mint MarkLetter P Total Mintage 3,000
Obverse
Tuvalu / Silver Ounce 2019 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 small 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 Ag 2019 TUVALU 1 DOLLAR.

The Queen's portrait is on a background of thin lines radiating out from the centre.

The inscription around the rim also incorporates the precious metal content. "1 oz 9999 Ag" means "one troy ounce of 99.99% silver"; Ag is abbreviated from Argentum, the Latin word for silver.

Obverse Inscription QUEEN ELIZABETH II 1 oz 9999 Ag 2019 TUVALU 1 DOLLAR
Reverse
Tuvalu / Silver Ounce 2019 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

Silver Content (Troy oz): 1.000
Finish: antique, jade insert.
Packaging: accompanied by a numbered Certificate of Authenticity, the coin is housed in a contemporary latex case which displays both sides of the coin, and a brilliantly illustrated shipper.
Perth Mint 19C17AAA
Issue price: AU$ 155.00, US$ 110.89

Showing 99 from a total of 199 coins of type: Silver Ounce (1 oz)
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Showing 101 to 199 of 199 Coins.
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Silver Ounce 2019 Laughing Buddha: Details
CountryTuvalu
CurrencyTuvaluan Dollar
Coin TypeSilver Ounce (1 oz)
Issued2019
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Fourth Portrait, by Ian Rank-Broadley
Face Value1 (x Dollar)
Total Mintage3,000
CurrentYes
Material0.9999 Silver
DesignerNatasha Muhl
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size40.6000 mm
Thickness11.000 mm
Mass31.1070 g
OCC IDNXYD-ENZC-GNNN-EVRB
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Silver Ounce 2019 Laughing Buddha: Photos
ImageDetails
Silver Ounce 2019 Laughing Buddha: Photo Coin, Tuvalu, Silver Ounce 2019 Laughing Buddha / thumbnail Coin, Tuvalu, Silver Ounce 2019 Laughing Buddha
Copyright: Perth Mint
Source
Silver Ounce 2019 Laughing Buddha: Photo Coin, Tuvalu, Silver Ounce 2019 Laughing Buddha / thumbnail Coin, Tuvalu, Silver Ounce 2019 Laughing Buddha
Copyright: Perth Mint
Source
Silver Ounce 2019 Laughing Buddha: Photo Coin, Tuvalu, Silver Ounce 2019 Laughing Buddha / thumbnail Coin, Tuvalu, Silver Ounce 2019 Laughing Buddha
Copyright: Perth Mint
Source
Silver Ounce 2019 Laughing Buddha: Photo Coin, Tuvalu, Silver Ounce 2019 Laughing Buddha / thumbnail Coin, Tuvalu, Silver Ounce 2019 Laughing Buddha
Copyright: Perth Mint
Source
Silver Ounce 2019 Laughing Buddha: Photo Coin, Tuvalu, Silver Ounce 2019 Laughing Buddha / thumbnail Coin, Tuvalu, Silver Ounce 2019 Laughing Buddha
Copyright: Perth Mint
Source