News from Zimbabwe - Mosi-oa-Tunya gold coin.

Have a look here;

Here is the official specifications;

https://rbz.co.zw/documents/press/2022/July/Mosi-oa-Tunya_Zimbabwe-Gold-Coin.pdf .

Looks quite nice.

Aidan.

Nice coin indeed. Thanks for showing it here.

I assume they are going to be sold at their melt value before they mint any with any denomination on the gold pieces.

It will be sold based on the current bullion value - in both Zimbabwean Dollars & in foreign currencies in addition to American Dollars.

It is a shame a Silver version hasn't been thought of - as most people in Zimbabwe have pretty low incomes & pretty poor standards of living.

Aidan.

I'm sure it is meant to be sold mostly to foreigners, not ordinary Zimbabweans.

Will

Coinman48

I'm sure it is meant to be sold mostly to foreigners, not ordinary Zimbabweans.

 

Will

Will, it is intended to be sold through the local banks as well as through the Reserve Bank of Zimbabwe.

I haven't found any photos good enough to include in the listing on here;

N#332616 .

Aidan.

with serial numbers. very interesting.

Is this made with gold mined in Zimbabwe?

Mr. Midnight

with serial numbers. very interesting.

Is this made with gold mined in Zimbabwe?

Struck in Zimbabwe with gold from Zimbabwean mines.

Each coin's serial number will be the same as that on the official certificate.

Aidan.

Serial numbers on a coin is an interesting notion.

Hibernia

Serial numbers on a coin is an interesting notion.

It is a way to both track ownership & to deter forgeries.

It is not a unique instance though.

Apparently, the Commonwealth Mint did this a few years ago for one of the Channel Islands or Tristan da Cunha, but the serial number was stamped on the reverse of the coin in the background field.

Aidan.

I reckoned there might be a tracking opportunity there!

4. KYC principles will be strictly adhered to at all times.

What are KYC principles?

Slipstreamed

4. KYC principles will be strictly adhered to at all times.

What are KYC principles?

Know your customer.

Aidan.

I was hoping it was Keep Your Coin

Hibernia

I reckoned there might be a tracking opportunity there!

Especially, when it will require details of everyone who will own that coin.

Mintage figures have not been disclosed.

Aidan.

Hibernia

Serial numbers on a coin is an interesting notion.

some Dukats are numbered.