200 Ngultrums - Jigme Singye Monarchy

Bhutan's 1982 silver issues were produced as part of a broader program of commemorative coinage aimed at international collectors rather than domestic circulation — the ngultrum had only been formally introduced as Bhutan's decimal currency in 1974, replacing the sertum system. Jigme Singye Wangchuck, who became the fourth Druk Gyalpo at age sixteen following his father's death in 1972, was still consolidating the administrative modernization of a kingdom that had issued no coins of its own for much of the nineteenth and early twentieth centuries.

KM#55 was struck by the Royal Mint in London under contract.