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2000 Ngultrums Buddha

Issuer Royal Monetary Authority of Bhutan
Year 1996
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Diameter 23 mm
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Reverse lettering 2000 NGULTRUM
999.9 FINE GOLD
Edge Reeded
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Additional information

Bhutan's Royal Monetary Authority issued this piece during a period when the kingdom was actively expanding its numismatic program for the international collector market — a revenue strategy common among smaller Himalayan and Pacific nations through the 1990s. The 2000 Ngultrum denomination bore no relation to domestic circulation; at issuance, the Ngultrum was pegged at parity with the Indian Rupee, making a face value of 2000 Ngultrums a purely nominal fiction for export sale.

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