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 Shredder.
The mint says about it: This official licensed 1oz silver proof coloured coin spotlights Shredder, sworn enemy of the Teenage Mutant Ninja Turtles, four pizza-loving brothers who were transformed into crime-fighting superheroes by "mutagenic ooze". Shredder is a vengeful super villain who goes to any length to defeat Leonardo, Donatello, Raphael, and Michelangelo. Also known as Oroku Saki, the ruthless and cruel leader of the criminal Foot Clan, Shredder is a highly-skilled and merciless fighter whose cunning makes him especially hard to attack. |