Catalog
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| Issuer | Royal Monetary Authority of Bhutan |
|---|---|
| Year | 2014 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Orientation | Coin alignment ↑↓ |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin, Tibetan |
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| Reverse description | Log in to see details |
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| Reverse lettering | YEAR OF THE HORSE 100 NGULTRUM AU999 |
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| Additional information |
Bhutan's lunar series issues are struck in limited quantities for the collector market, with distribution handled almost entirely through overseas numismatic agents rather than domestic circulation. The Royal Monetary Authority has used these small-format gold pieces since the 1990s as a modest foreign exchange vehicle — collectible exports in a country with few such options.
The 2014 Horse year aligns with the Tibetan-influenced Bhutanese calendar, where the lunar cycle carries religious significance tied to the country's Vajrayana Buddhist institutions.