Papua New Guinea 1990 100 kina

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from Steve Album sale 45, lot 2929

This specimen was lot 2929 in Stephen Album sale 45 (Santa Rosa, CA, January 2023), where it sold for $600. The catalog description[1] noted, "PAPUA NEW GUINEA: AV 100 kina, 1990, Queen Alexandra butterfly (world's largest species), mintage of only 500 pieces, Choice Unc, R." Dutch and Portuguese explorers surveyed New Guinea but, deterred by harsh terrain and hostile natives, made no attempt to settle. The eastern half of the island was partitioned between Germany and Australia in the 1890's; the German portion was seized by Australia on the outbreak of World War One. New Guinea was the scene of fierce fighting in World War Two but reverted to Australian rule after the war. Papua New Guinea, which includes New Britain and other islands, was granted her independence in 1975. This NCLT was struck again in 1992.

Recorded mintage: 500 plus 5,000 proofs.

Specification: 9.57 g, 0.900 fine gold, 0.2769 troy oz AGW.

Catalog reference: KM-29.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 45, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2022.

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