World of Coins

Modern coins, pseudo coins and trade tokens of other continents => Pacific Islands => Topic started by: <k> on November 14, 2018, 07:19:02 PM

Title: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 07:19:02 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=4370.0;attach=72583;image)

Australasia and the Pacific Islands.



(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=43401.0;attach=84235;image)

Papua New Guinea and neighbours.



(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=43401.0;attach=84236;image)

Papua New Guinea and neighbours.



(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=39617.0;attach=86309;image)

Papua New Guinea.



From Wikipedia:

Papua New Guinea, officially the Independent State of Papua New Guinea, is an Oceanian country that occupies the eastern half of the island of New Guinea and its offshore islands in Melanesia, a region of the southwestern Pacific Ocean. Its capital is Port Moresby. The western half of New Guinea forms the Indonesian provinces of Papua and West Papua.

After being ruled by three external powers since 1884, Papua New Guinea established its sovereignty in 1975. This followed nearly 60 years of Australian administration, which started during World War I. It became an independent Commonwealth realm in 1975 with Queen Elizabeth II as its head of state and became a member of the Commonwealth of Nations in its own right.

Papua New Guinea is one of the most culturally diverse countries in the world. It is also one of the most rural, as only 18 per cent of its people live in urban centres. There are 852 known languages in the country, of which 12 now have no known living speakers. Most of the population of more than 8 million people lives in customary communities, which are as diverse as the languages. The country is one of the world's least explored, culturally and geographically. It is known to have numerous groups of uncontacted peoples, and researchers believe there are many undiscovered species of plants and animals in the interior.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 07:21:58 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=39617.0;attach=86310;image)

National emblem.



From Wikipedia:

The national emblem of Papua New Guinea consists of a bird-of-paradise over a traditional spear and a kundu drum. Designed by Hal Holman, an Australian artist working for the Papuan government, Holman was also involved in the design of the National flag. The emblem and the flag were accepted by the House of Assembly of Papua and New Guinea and signed into law as the National Identity Ordinance. The ordinance came into effect after its publication in the Papua New Guinea Gazette of 1 July 1971.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 07:24:05 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=39617.0;attach=86308;image)

National flag.



The flag of Papua New Guinea was adopted on 1 July 1971. In the hoist, it depicts the Southern Cross; in the fly, a raggiana bird-of-paradise is silhouetted. The design was chosen through a nationwide design competition in early 1971. The winning designer was Susan Karike Huhume, who was 15 years old at the time.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 07:31:31 PM
From Wikipedia:

The kina (currency code: PGK; the currency symbol: K) is the currency of Papua New Guinea. It is divided into 100 toea. The kina was introduced on 19 April 1975, and circulated along with the Australian dollar until 1 January 1976, when the dollar ceased to be legal tender. The name kina is derived from Kuanua language of the Tolai region, referring to a callable pearl shell used widely for trading in both the Coastal and Highlands areas of the country.



The original designs intended for the coinage were produced by David J Thomas (http://www.davidjthomas.co.uk) for the Royal Mint. How, some of these designs were later modified by Franklin Mint artists and engravers, who added some original designs of their own. See: Papua New Guinea: 1975 coinage - adopted and unadopted designs (http://www.worldofcoins.eu/forum/index.php/topic,37519.0.html).



From Wikipedia:

In 1975, coins were introduced for 1, 2, 5, 10 and 20 toea and 1 kina. The 1 and 2 toea were minted in bronze, with the others in cupronickel. The 1 kina is round and holed in the centre.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 07:39:28 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=23620.0;attach=80994;image)

Common obverse.



The common obverse of the coinage featured the national emblem. Below you see how it looked on the bronze coins.

The small "f" is the mint mark of the Franklin Mint.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 07:45:41 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=17846.0;attach=27440;image)



The reverse of the 1 toea featured a paradise birdwing butterfly (Ornithoptera paradisea).
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 07:46:17 PM
Paradise birdwing butterfly (male).
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 08:01:43 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=4024.0;attach=86313;image)

2 toea.  Pterois volitans.
 



This species of fish has different common names around the world, such as the zebra fish, the scorpion fish, the lion fish, and the butterfly cod. It has a venomous sting.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 08:02:42 PM
Pterois volitans.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 08:07:40 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=2194.0;attach=86315;image)

5 toea.  Pitted shell turtle (Carettochelys insculpta).
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 08:08:21 PM
The pig-nosed turtle (Carettochelys insculpta), also known as the pitted-shelled turtle or Fly River turtle.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 08:09:36 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=29558.0;attach=49768;image)

10 toea.  Spotted cuscus. Spilocuscus maculatus.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 08:12:59 PM
Spotted cuscus.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 08:13:55 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=23797.0;attach=81033;image)

20 toea.  Cassowary.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 08:29:27 PM
Cassowary.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 08:29:49 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=20288.0;attach=86318;image)

Reverse of 1 kina.  River crocodiles.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 08:30:44 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=20288.0;attach=86319;image)

Obverse of the 1 kina coin.



Uniquely among the circulation coins, the obverse of the 1 kina coin featured the emblem of the national bank.

A circulation 50 toea coin was not issued at this stage.



Here is the paragraph from From Cowrie to Kina giving the official decision to have a hole:

On 10 April 1974 the decision to have a hole in the 1 Kina coin was announced; the reasons given being that it was a link with traditional currencies, most of which had natural or man made holes, also that “in the Papua New Guinea situation, this feature can be very useful in facilitating the storage and carrying of money”. One will recall also that the first circulating coinage to bear the legend “New Guinea”, struck between 1935 and 1945 during the Australian Mandate, was also holed. A holed coin would also be lighter in weight and the lower metal content would reduce costs. The date for introducing the new currency — K Day — was proposed for late April 1975.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 08:33:47 PM
According to a Franklin Mint catalog of the 1970s, the design credits were as follows:

Reverse designs of 1 and 10 toea by Herman deRoos; 2, 5, 20 toea and 1 kina by William Shoyer;

All designs were also modelled by their respective designers.

The obverse designs (Coat of arms, and stylised emblem of Bank of Papua New Guinea - 1 kina) were modelled by Richard Renninger.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 14, 2018, 08:36:25 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=23620.0;attach=80993;image)

5 kina: New Guinea harpy eagle reverse by Ernest Lauser.



The collector sets of the 1970s, as issued by the Franklin Mint, also contained a 5 kina coin, which was not issued for circulation.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 15, 2018, 07:03:43 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=4127.0;attach=4493;image)

The smaller and larger 1 kina coins, side by side.



In 2005, Papua New Guinea issued a smaller 1 kina coin. It weighed 11.13 g and was 30 mm in diameter. This compares to the previous version, which weighed 14.61 g and was 33.28 mm in diameter.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 15, 2018, 07:19:13 PM
Papua New Guinea issued its first 50 toea coin in 1980. It commemorated the South Pacific Festival of Arts.

This was the first of a series of commemorative heptagonal 50 toea coins over the years. However, no standard circulation design was issued.


Does anybody know whether these 50 toea coins circulated?

See also: An Alphabet of Heptagons: Seven-sided Coins (http://www.worldofcoins.eu/forum/index.php/topic,9903.0.html).
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 15, 2018, 07:27:07 PM
From Wikipedia:

The withdrawal of the 1 and 2 toea coins occurred in 2006 and as from the 19 April 2007 are also no longer legal tender.



Unlike other countries in the region, notably Australia and New Zealand, Papua New Guinea has never issued a standard design circulation coin for two of its high units, in this case 2 kina. Unlike every other country in the region except Australia, Papua New Guinea has never changed any of its standard circulation designs or issued a new design series.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 15, 2018, 07:31:45 PM
(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=23910.0;attach=80927;image)



In 1994 Papua New Guinea issued a silver 5 kina and a gold 50 kina coin, both of which bore an updated version of the Bird of Paradise design first used on the German New Guinea coinage of 100 years earlier.



See also:

1] Birds of Paradise (http://www.worldofcoins.eu/forum/index.php/topic,23910.0.html).

2] The coinage of German New Guinea (http://www.worldofcoins.eu/forum/index.php/topic,43401.0.html).
Title: Re: Coinage of modern Papua New Guinea
Post by: Pabitra on November 16, 2018, 05:49:37 AM
Does anybody know whether these 50 toea coins circulated?

50 Toea and 2 Kina denominations are reserved for circulating commemoratives only.
All such coins circulate as regular circulating coins.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 16, 2018, 05:53:49 AM
Interesting policy.
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 16, 2018, 05:54:53 AM
Here we see the relative sizes of the first circulation coins, before the size of the 1 kina coin was reduced.
Title: Re: Coinage of modern Papua New Guinea
Post by: Figleaf on November 16, 2018, 06:13:23 AM
50 Toea and 2 Kina denominations are reserved for circulating commemoratives only.
All such coins circulate as regular circulating coins.

There is no 2 Kina, except the 2008 issue. Did you want to type 1 Kina?

Most of the coins shown here are proof strikes. Those do not circulate. In fact, most 5 Kina coins are available in proof only and do not circulate, as they were sold only far above face.

Peter
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on November 16, 2018, 06:20:38 AM
There is no 2 Kina, except the 2008 issue. Did you want to type 1 Kina?

See: 2008 also saw the introduction of a bimetallic 2 kina coin intended to replace the 2 kina note (https://en.wikipedia.org/wiki/Papua_New_Guinean_kina).

I quote: "2008 also saw the introduction of a bimetallic 2 kina coin intended to replace the 2 kina note."

There were also two commemorative 2 kina coins in 2015, which can be seen on numista.com.



Quote
Most of the coins shown here are proof strikes. Those do not circulate. In fact, most 5 Kina coins are available in proof only and do not circulate, as they were sold only far above face.

They are shown merely to illustrate the designs. The non-proof coins do circulate, of course, though to what extent, I do not know, since  many Papuans still live at the hunter-gatherer stage.
Title: Re: Coinage of modern Papua New Guinea
Post by: Pabitra on November 16, 2018, 10:09:16 AM
There is no 2 Kina, except the 2008 issue. Did you want to type 1 Kina?
2 Kina is no longer bimetallic.
The bimetallic was minted by Royal Canadian Mint.
This and other later coin minting was awarded to Royal Australian Mint ( which does not mint bimetallic coins).
Title: Re: Coinage of modern Papua New Guinea
Post by: Big_M on November 23, 2018, 03:11:50 PM
2 Kina is no longer bimetallic.
The bimetallic was minted by Royal Canadian Mint.
This and other later coin minting was awarded to Royal Australian Mint ( which does not mint bimetallic coins).

The 2 Kina coins from 2015 minted at RAM, contrary to the RCM bimetallic one from 2008, are of a purely numismatic character.

https://www.bankpng.gov.pg/announcement/notice-of-issuance-of-commemorative-currencies-2015/ (https://www.bankpng.gov.pg/announcement/notice-of-issuance-of-commemorative-currencies-2015/)
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on July 10, 2019, 01:34:32 PM
Below you see the 10 kina commemorative collector coin of 1977, issued to celebrate the Queen's Silver Jubilee: 25 years as queen.

You may think that the obverse is shown on the left, because it shows the Queen's portrait. Wrong! Despite being a Commonwealth realm (like Australia and Canada), PNG does not traditionally show the Queen on its coins, preferring to use its national emblem of a bird of paradise on the obverse.

Moreover, the obverse of a coin is most usually the side that shows the country name: here Papua New Guinea.

Not all Commonwealth realms (http://www.worldofcoins.eu/forum/index.php/topic,10156.msg68596.html#msg68596) use the Queen's portrait: The Bahamas, Barbados, Jamaica, and Papua New Guinea do not.

See: The Worldwide Usage of the Effigy of Queen Elizabeth II (http://www.worldofcoins.eu/forum/index.php/topic,10156.0.html).
Title: Re: Coinage of modern Papua New Guinea
Post by: <k> on August 08, 2019, 10:18:21 AM
See also:

1] Birds of Paradise (http://www.worldofcoins.eu/forum/index.php/topic,23910.0.html).

2] Coinage of New Guinea (http://www.worldofcoins.eu/forum/index.php/topic,12670.0.html).

3] The coinage of German New Guinea (http://www.worldofcoins.eu/forum/index.php/topic,43401.0.html).