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50 Dollars - Elizabeth II Panda

Issuer Tuvalu
Year 2012
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Diameter 29.9 mm
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Obverse description Right-facing diademed and draped effigy of Queen Elizabeth II after the portrait by Ian Rank-Broadley, whose initials IRB appear truncated below the bust. The legend QUEEN ELIZABETH II arcs along the upper periphery, while the specifications 1/2oz 9999 GOLD are inscribed along the lower left and the issuer TUVALU and date 2012 appear along the lower right field.
Obverse script Latin
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Additional information

Tuvalu has no indigenous panda connection whatsoever — the coin exists because the island nation's government sells numismatic licensing rights as a revenue stream, a common arrangement among Pacific microstates with negligible mint infrastructure of their own. The Perth Mint struck this piece under that arrangement.

The .9999 fineness places it among the purest gold issues commercially available at the time, matching the standard set by the Chinese Panda series this coin was clearly designed to compete with as a collector alternative.

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