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Fifty Toea 1998 BPNG Silver Jubilee

THE BANK OF PAPUA NEW GUINEA SILVER JUBILEE 1973 – 1998

Issue 1998 50 TOEA COMMEMORATIVE COIN
Event Bank of Papua New Guinea Silver Jubilee 1973 – 1998 
Year 1998 
Price K2.00

The Bank of Papua New Guinea celebrated its twenty-fifth Anniversary in November 1998. For this occasion, the Bank issued a special fifty toea (50t) coin depicting the stylist bird of paradise which is the logo of the Bank.

The design provides the important connection between the Silver Jubilee event, and the corresponding period it celebrates 1973-1998. The event and date are close together, which helps to simplify public recognition of the event from a historical and commemorative perspective.

The Bank of Papua New Guinea, the nation’s central bank, was established on 1 November 1973. Until this date the Reserve Bank of Australia had administered the banking system in Papua New Guinea. During the 25 years this institution has played a central and indispensable part in the stable development of the internal monetary and financial system and hence the domestic economy of Papua New Guinea.

The Bank of Papua New Guinea was proud to celebrate this important historic

occasion by issuing a special but limited quantity of this 1998 commemorative

50 toea circulation coin.

Reverse  Logo of the Bank 25th Anniversary
Obverse  Papua New Guinea Crest and Date
Diameter  30.00mm
Weight  13.50 gms
Thickness  2.65 mm
Edge  Milled
Alloy Cupro-Nickel
OBVERSE REVERSE 
50toes_obverse 50toes_reverse2

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