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.
This coin is part of a Perth Mint series released to mark the 40th anniversary of the Teenage Mutant Ninja Turtles cartoons, and features Michelangelo.
The mint says about it: Michelangelo is a wisecracking party dude famous for exclaiming "cowabunga". Although energetic, enthusiastic and naturally gifted, he is reluctant to train, which frustrates his brothers Leonardo, Donatello and Raphael who believe that with more focus and discipline he could really excel at ninjutsu. Nevertheless, Mikey is an impressive fighter whose weapons of choice are nunchucks, which he handles with skill and precision. |