Tuvalu 2017 2 dollars KM-389

From CoinVarieties
Jump to navigation Jump to search
from the Stack's Bowers 2025 ANA sale, lot 47645
SB825-47645o.jpg

This specimen was lot 47645 in Stack's Bowers ANA sale (Oklahoma City, OK, August 2025), where it sold for $192. The catalog description[1] noted, "TUVALU. Silver 2 Dollars, 2017. NGC MS-70 Antiqued. High relief-early release." Tuvalu is a Pacific island nation within the British Commonwealth. It was known as the Ellice Islands before independence in 1978. The islands were used as a staging area for US forces during attacks on the Japanese occupied Gilbert Islands (now Kiribati) during World War Two. Today, the population is about 10,000 and the major economic activity is processing frozen fish and remittances from Tuvaluans who work as merchant seamen. The Tuvaluan dollar is pegged to the Australian dollar. The last coinage for local circulation was struck in 1985, so locals probably use Australian or New Zealand coins for ordinary transactions. This NCLT, struck for the Chinese market, did not use the dragon found on imperial Chinese coinage but instead the Japanese version found on the Meiji era yen. We don't know if this affected sales. A similar NCLT with a dragon and pearl reverse was struck in 2018 as a five dollars (5 oz silver, no KM number).

Recorded mintage: 1,000 proofs.

Specification: 62.2 g, 0.999 fine silver, 40.6 mm diameter, 2 oz ASW.

Catalog reference: KM-389.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 2001-Date, 13th ed., Iola, WI: Krause Publications, 2018.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, August 2025 Global Showcase Auction, World & Ancient Coins, featuring The Richard August Collection and the Richard Margolis Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2025.

Link to:

Retrieved from "https://coinvarieties.com/index.php?title=Tuvalu_2017_2_dollars_KM-389&oldid=568469"