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100 Dollars - Charles III Ottifant

Issuer Tuvalu
Year 2024
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Weight 31.107 g
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Obverse description Bare-headed right-facing effigy of King Charles III, executed in high relief after the portrait by engraver Joseph Chan, whose initials 'JC' appear in the lower right field below the truncation. The circular legend 'KING CHARLES III TUVALU' arcs across the upper field, while the lower field carries the inscriptions '1oz 9999 Au 2024 100 DOLLARS', all separated by raised dot stops. The portrait is rendered in a naturalistic style with fine detail to the hair and facial features.
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Reverse script Latin
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Additional information

Tuvalu's gold bullion program operates under a licensing arrangement with the Perth Mint, which produces these issues on behalf of the island nation — a territory with no mint of its own and a GDP smaller than most suburban shopping centers. The "Ottifant" series derives from Otto Waalkes's long-running German cartoon elephant character, an unlikely pairing for a Pacific sovereign coinage that reflects the Perth Mint's aggressive pursuit of licensed pop-culture bullion contracts throughout the 2020s.

One troy ounce at .9999 fineness places this squarely in investment-grade bullion territory, though the licensed character premium pushes it well above spot.

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