Papua New Guinea had been independent for only four years when this piece was struck, and the Bank of Papua New Guinea was still actively constructing the symbolic vocabulary of a new sovereign currency. The 100 Kina denomination was reserved almost exclusively for gold commemoratives in this period — coins that circulated in name only and were sold primarily to foreign collectors at a significant premium over face value.
KM#14 is one of several gold issues from 1975–1980 produced under contract at foreign mints, as PNG had no domestic striking facility of its own.
Papua New Guinea had been independent for only four years when this piece was struck, and the Bank of Papua New Guinea was still actively constructing the symbolic vocabulary of a new sovereign currency. The 100 Kina denomination was reserved almost exclusively for gold commemoratives in this period — coins that circulated in name only and were sold primarily to foreign collectors at a significant premium over face value.
KM#14 is one of several gold issues from 1975–1980 produced under contract at foreign mints, as PNG had no domestic striking facility of its own.