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Bhutanese Gold Coins

Bhutan is a landlocked kingdom to the north of Bangladesh in India, high in the Himalayas, bordered by Tibet and China. It was conquered in the 9th century by Tibet until its southern part was annexed by British India in the mid 19th century. In 1907 it was established as a hereditary monarchy and from 1910 was under British control of its external affairs, this changed to the protection of India in 1949, and Bhutan became a member of the United Nations in 1971. Its capital is Thimphu.

Coinage of Bhutan

Its first coins were issued after 1789 as copies of the previously circulating coins of Cooch Behar, using debs or half rupees. Bhutan adopted a modern decimal coinage system in 1928 based on rupees and pice or paisa and sertums. This was reformed in 1974 using chetrums and ngultrums. Much of the economy is rural and agricultural, and much of its commerce is conducted using barter rather than money.
The 1995 One Sertum was marketed, inter alia, as part of "The Precious Fine Gold Collection".

Technical Specifications

DenominationDiameterWeightFinenessGold Content
1,000 Ngultrum2610.00.99990.3215
2,000 Ngultrum256.22.99990.1997
1 Sertum13.921.244.9990.0400
2 Sertum2915.98.9170.4711

Prices & Availability

Please contact us prior to ordering for current prices and availability.
Date   DenominationDescriptionGradeMintageAvailabilityPrice £Price $
19663 Coin Set40th Anniversary - Accession of Jigme WangchukProof598YesSee PageSee Page
19951 SertumCoronation Anniversary of Queen Elizabeth II 1953 - 1993Proof25,000Yes£62$100
19962,000 NgultrumQuang-YinProof Yes£Ask$Ask
20021,000 NgultrumWonders of the World - Taj MahalProof, FDC, Boxed3,000Yes£300$Ask
20031,000 NgultrumLord Buddha - The EnlightenmentProof, FDC2,999Yes£300$Ask
20032 coin setLord Buddha - The EnlightenmentProof, FDC Ask£380$Ask

B. H. Mayer's Mint

The certificate for the 2002 Wonders of the World coin states it to have been minted by B. H. Mayer's Mint (Kunstpraegeanstadt) in Germany. It is likely that some of the other Bhutanese gold proof coins could also have been struck at the same mint.

Please contact us prior to ordering for up to date prices and availability.

Postage & Packing

UK Registered Post (Special Delivery) £9 per order
EU Insured Post £10 per order
USA Airmail $10 per order
USA Insured Shipping $20 per order

Coins Wanted
We make an active market in almost all world coins, gold or otherwise, including Bhutan (Bhutanese) gold coins. If you have any of these coins to sell, please contact us, or post them to us for appraisal and offer.

Bhutanese Silver and Base Metal Coins

For silver and base metal coins of Bhutan, please look at our original Chard Coins website.
Obverse - Lord Buddha - The Enlightenment

Obverse of 2003 Bhutan 1000 Ngultrum

Countries Index

Reverse - Lord Buddha - The Enlightenment

Reverse of 2003 Bhutan 1000 Ngultrum

Obverse of 1995 Bhutan Gold Proof 1 Sertum

Obverse of 1995 Bhutan Gold Proof 1 Sertum

Reverse of 1995 Bhutan Gold Proof 1 Sertum

Reverse of 1995 Bhutan Gold Proof 1 Sertum

Wonders of the World - Taj Mahal on Reverse of 2002 Bhutan Gold Proof 1,000 Ngultrum

Wonders of the World - Taj Mahal on Reverse of 2002 Bhutan Gold Proof 1,000 Ngultrum


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