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30 Dollars - Elizabeth II Horse

Issuer Tuvalu
Year 1998
Type Non-circulating coin
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Obverse description Right-facing crowned effigy of Queen Elizabeth II after the Raphael Maklouf portrait, depicting the Queen wearing the Girls of Great Britain and Ireland tiara with curled hair. The surrounding legend reads QUEEN ELIZABETH II to the upper left and TUVALU to the upper right, with the date 1998 positioned at lower right. The portrait is rendered in high relief against a polished proof field.
Obverse script Latin
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Additional information

Tuvalu's high-denomination gold issues of the late 1990s were struck by the Perth Mint under a licensing arrangement — Tuvalu itself has no mint and negligible domestic coin demand, given a population that has never exceeded 12,000. The 30-dollar face value is essentially nominal, a legal fiction required for the coin to circulate as currency while the gold content drove the actual value.

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