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10 Kina - Elizabeth II Butterfly, Gold issue
| Issuer | Bank of Papua New Guinea |
|---|---|
| Year | 1992 |
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| Currency | Kina (1975-date) |
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| Obverse description | The Coat of Arms of Papua New Guinea occupies the central field, featuring the Raggiana bird-of-paradise displayed above a traditional kundu drum and a crossed spear. The national arms are rendered in fine relief against a polished field. The legend PAPUA NEW GUINEA arcs along the upper periphery, with the date 1992 positioned below, all within a beaded border. |
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| Reverse script | Latin |
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| Additional information |
Papua New Guinea's gold coinage program of the late 1980s and early 1990s was driven largely by export revenue from the Ok Tedi and Porgera gold mines, which had transformed the country into a significant bullion producer. Small-denomination gold issues like this one were minted in fractional weights partly to meet demand from regional coin markets in Southeast Asia and Australia, where low-premium fractional gold attracted steady retail interest. KM#33 was struck at the Perth Mint under contract.