100 Dollars - Elizabeth II 40th Anniversary of Coronation

Tuvalu's commemorative gold program in the early 1990s was issued under an arrangement with the Perth Mint, which struck these pieces on behalf of the island nation's government. The .583 fineness — 14-karat gold — was a deliberate commercial choice, reducing precious metal content to keep issue prices accessible while maintaining the appearance of a gold coin.

The 40th anniversary of the Coronation was a widely licensed theme across Commonwealth territories in 1993, producing a glut of issues from smaller member states. Tuvalu's version saw limited collector uptake.