Silver Two Ounces 2021 Hourglass, Coin from Tuvalu - detailed information

Silver Two Ounces 2021 Hourglass, Coin from Tuvalu
CoinSilver Two Ounces 2021 Hourglass

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 two-ounce format (abbreviated as 2 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:
Struck from 2oz of pure silver, this highly original release features a miniature hourglass insert surrounded by a unique astrological design.

Believed to have been invented in the eighth century, the hourglass used the flow of fine sand from one bulb to another in order to measure intervals of time with accuracy. As well as applications in religious and civic life, the hourglass was also useful to mariners. Despite being superseded by mechanical clocks, the hourglass remains relevant in modern culture symbolising the passage of time and the transience of all things.

With an antique finish conveying the surface abrasions of an ancient artefact, the coin portrays an astrological design incorporating sinuous, organic lines characteristic of art nouveau. Comprising representations of the sun and moon with facial features, and phases of the moon, the artistry surrounds an hourglass insert filled with fine particles that mimic the flow of sand in an authentic device.

MintPerth Mint Mint MarkLetter P Total Mintage2,500
Obverse
Tuvalu / Silver Two Ounces 2021 Hourglass - obverse photo

At the centre of the coin is a circular insert with a working sand hourglass.

Above, a small effigy of Queen Elizabeth II - her Fourth Portrait by Ian Rank-Broadley, below which in tiny letters the designer's initials IRB.

Around the rim, the monarch's legend, the face value of the coin, the date of issue and the precious metal content: QUEEN ELIZABETH II 2oz 9999 Ag 2021 2 DOLLARS TUVALU. "2oz 9999 Ag" means "two troy ounces of silver"; Ag is abbreviated from Argentum, the Latin word for silver.

Obverse Inscription QUEEN ELIZABETH II 2oz 9999 Ag 2021 2 DOLLARS TUVALU
Reverse
Tuvalu / Silver Two Ounces 2021 Hourglass - reverse photo

At the centre of the coin is a circular insert with a working sand hourglass.

Surrounding that, astronomical motifs: the Sun above, the Moon below and also left and right, represented in various phases against a background of stars.

The Perth Mint's P mark is to the right. The designer's initials JM (for Jennifer McKenna) are below left on a representation of the Moon. There is no inscription.

Reverse Inscription (none)
EdgeMilledEdge InscriptionNone
Notes

Silver content (Troy oz): 2.000
Finish: antique, with functioning hourglass insert.
Packaging: in a contemporary latex case that comes in an illustrated shipper, accompanied by a numbered Certificate of Authenticity.
Perth Mint Item ID: 21G90AAA
Issue price: AU$ 259.00, US$ 172.14

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Royal Mint
Silver Two Ounces 2021 Hourglass: Details
CountryTuvalu
CurrencyTuvaluan Dollar
Coin TypeSilver Two Ounces (2 oz)
Issued2021
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Fourth Portrait, by Ian Rank-Broadley
Face Value2 (x Dollar)
Total Mintage2,500
CurrentYes
Material0.9999 Silver
DesignerJennifer McKenna
TechnologyMilled (machine-made)
ShapeRound with hole
OrientationMedal Alignment (Axis 0)
Size45.600 mm
Thickness6.500 mm
Mass62.213 g
OCC IDMXKD-OKQC-DDXV-OWQJ
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Silver Two Ounces 2021 Hourglass: Photos
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Coin, Tuvalu, Silver Two Ounces 2021 Hourglass
Copyright: Perth Mint
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Coin, Tuvalu, Silver Two Ounces 2021 Hourglass
Copyright: Perth Mint
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Coin, Tuvalu, Silver Two Ounces 2021 Hourglass
Copyright: Perth Mint
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Coin, Tuvalu, Silver Two Ounces 2021 Hourglass
Copyright: Perth Mint
Source
Coin, Tuvalu, Silver Two Ounces 2021 Hourglass
Copyright: Perth Mint
Source