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500 Ngultrums Signs of the Zodiac

Issuer Royal Monetary Authority of Bhutan
Year 2006
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Value 500 Ngultrums
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Edge Reeded
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Mintage 2006 - Proof - 999
Additional information

Bhutan's Royal Monetary Authority began issuing collector-oriented silver programs in the 1990s largely as a foreign exchange revenue stream — the domestic economy had little use for large-denomination silver pieces. The zodiac series fits squarely into that strategy, targeting the international numismatic and bullion-collector market rather than any domestic monetary function.

KM#203 is catalogued as part of a multi-coin zodiac set. Buyers assembling complete runs should verify that companion issues share consistent die quality, as some Bhutanese collector issues of this period show variation in surface finish between pieces from the same stated series.

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