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300 Ngultrums Year of the Tiger

Issuer Bhutan
Year 1996
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Currency Ngultrum (1974-date)
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Reverse description A stylised tiger rendered in an East Asian decorative idiom is depicted in profile facing left at centre, its body incorporating a Dharma Wheel motif on the flank, rendered with bold relief against a mirror-polished field. The legend YEAR OF THE TIGER appears in two lines below the central device, with the denomination 300 NGULTRUM inscribed along the lower periphery. The outer border carries a series of Tiger Year dates in italic script — 1914 • 1926 • 1938 • 1950 • 1962 • 1974 • 1986 • 1998 • 2010 — arranged continuously around the circumference, separated by bullet points, with fine milled denticles framing the outermost edge.
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Reverse lettering YEAR OF THE TIGER 300 NGULTRUM • 1914 • 1926 • 1938 • 1950 • 1962 • 1974 • 1986 • 1998 • 2010 •
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Additional information

Bhutan's tiger coinage of the mid-1990s was produced for the collector market during a period when the Royal Monetary Authority was actively pursuing foreign exchange through commemorative issues. The Year of the Tiger alignment in 1998 — not 1996 — makes the dating here slightly unusual; Bhutanese lunar commemoratives of this era were sometimes struck and sold in advance of the actual calendar year they celebrated, a common practice among smaller issuing authorities working through third-party distributors.

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