RMA launches Commemorative Gold and Silver coins

Her Royal Highness, Ashi Chimi Yangzom Wangchuck on Thursday graced the launching ceremony of the gold and silver coins at the Royal Monetary Authority.

Four types of commemorative coins, two in gold and two in silver have been minted as a onetime limited edition released.

The gold commemorative coins are half ounce each weighing 15.55 gram. Similarly, the silver commemorative coin is also of half ounce and each weighs 31.07 gram. Only 100 pieces of gold coins and 2,000 pieces of silver commemorative coin have been minted,

The opposite side of the first type of commemorative coin bears the portrait of His Majesty, used for the 25th coronation anniversary commemorative coins and the reverse side bears the official logo for the celebration of the 60th Birth Anniversary of the Fourth Druk Gyalpo.

The second type of the gold commemorative coin bears the portrait of His Majesty, that is used on the chetrum coins minted in 1979 and the reverse side of the coin bears the official logo for the celebration of 60th Birth Anniversary.

The two types of silver coins also have similar designs on either side.

In response to a question on the main changes brought about by His Majesty the Fourth King to the armed forces, the Goonglen said, “To be honest, initially our own people did not have confidence in our armed forces. It was the sheer leadership provided by His Majesty the Fourth King and the organizational reforms and infrastructure brought in by His Majesty that today we not only enjoy the respect and confidence of our people and the RGoB but we also enjoy the respect of other countries.”

The Goonglen said that currently under His Majesty the King the image of the RBA had been further enhanced as the RBA was also engaged in many disaster response activities and its professional aspects were being further strengthened.

He said there have been further reforms by His Majesty the King in terms of training and equipment to be ready for any emergency, including dealing with natural calamities.

The Goonglen also pointed out the role of the RBA had also been further enhanced as it was taking part in international United Nations peacekeeping operations.

“The RBA had a very positive image all due to His Majesty the Fourth King and His Majesty the King,” said the Goonglen.

These coins are to be sold and will be available at every Bank in the Nation throughout November and there will be a separate sales counter during 11th November, said officials with the Royal Monetary Authority.

The cost of the silver coin is Nu 5,000 and the cost of the gold coin is Nu 57,000. The coins were minted by in the United Kingdom.

The RMA said it dedicated the silver and gold coin to His Majesty, the Fourth Druk Gyalpo who has worked tirelessly to secure the peace, prosperity and happiness of all the Bhutanese for all times to come.

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