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300 Ngultrums Year of the Ox

Issuer Royal Monetary Authority of Bhutan
Year 1996
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Weight 31.5 g
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Reverse description Two stylised oxen rendered in a folk-art papercut style occupy the central field, facing one another in a symmetrical composition. The legend YEAR OF THE OX appears in the lower central field below the main devices, with the denomination 300 NGULTRUM inscribed along the bottom rim. Arranged around the full circumference of the coin, separated by raised dots, are the years of the Ox in the 60-year Tibetan calendar cycle: 1913, 1925, 1937, 1949, 1961, 1973, 1985, 1997, and 2009.
Reverse script Latin
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Bhutan's Royal Monetary Authority issued a series of lunar year commemoratives through the 1990s largely for the international collector market, with minimal domestic circulation. The Year of the Ox falls in the Bhutanese calendar system rooted in the 60-year Tibetan Rabjung cycle, which itself derives from Indian and Chinese astronomical traditions absorbed into Vajrayana Buddhist practice — making the iconographic choice culturally layered in ways a straightforward lunar commemorative from another issuer would not be.

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