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250 Ngultrums Compass Rose

Issuer Royal Monetary Authority of Bhutan
Year 2004
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Currency Ngultrum (1974-date)
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Obverse description Central field features the Royal Emblem of Bhutan: a double vajra (dorje) flanked by two rampant dragons in high relief, all rising from a blooming lotus flower at the base, rendered in intricate detail within the silver centre. The outer steel ring is decorated with small asterisk ornaments evenly spaced around the circumference. An inscription in Dzongkha script appears at the top of the field, while the legend KINGDOM OF BHUTAN is engraved in Latin characters along the lower rim.
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Reverse script Latin
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Bhutan's Royal Monetary Authority issued this high-value bimetallic piece during a period of significant economic modernization under Jigme Singye Wangchuck, the Fourth Druk Gyalpo, who had been systematically opening the country to foreign trade and limited tourism since the 1970s. The 250-ngultrum denomination placed this well above everyday circulation — it functioned from the outset as a commemorative and collector issue rather than a working coin. The bimetallic format, then fashionable among mints producing prestige issues, required the silver centre to be seated into the steel ring under considerable pressure, a process that occasionally produced minor misalignments visible on the join.

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