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 premium bullion coin is struck from one ounce of 99.99% pure silver and is dedicated to the 25th anniversary of the animated character SpongeBob SquarePants.
The mint says about it: In the underwater city of Bikini Bottom, SpongeBob SquarePants is the fry cook at fast food restaurant The Krusty Krab. Responsible for preparing its popular Krabby Patty, SpongeBob’s life revolves around a wacky ensemble of marine characters - customers, co-workers, friends, and rivals - with whom he shares many madcap adventures. |