Pics Credit: iHarare|| A local publication has come into possession of the official pictures of the Mosi Oa Tunya gold coin which the Reserve Bank of Zimbabwe (RBZ) is set to release on 25 July.
Here are the characteristics of the new gold coins.
(i) Weight — one troy ounce.
(ii) Purity — 22 carats.
(iii) Identification — Each coin will have a serial number.
In terms of ownership, the buyer shall take physical possession of the coin and be issued a Bearer Ownership Certificate.
A picture of the Mosi Oa Tunya gold coin shows that the obverse/head/front side has Zimbabwe’s national coat of arms engraved in it. Just above the national coat of arms is the year in which the coin was minted and below the coat of arms is the coin’s weight.
Around the edges of the coin is a pattern that resembles the herringbone or chevron patterns found at the Great Zimbabwe national monument.
The reverse/tail side of the coin shows one of the seven wonders of the world the Mosi Oa Tunya popularly known as Victoria Falls.
Above the engraving of the Victoria Falls is written Zimbabwe and below is Mosi-oa-Tunya. The reverse side also bears two Zimbabwe Birds and patterns that resemble the herringbone or chevron patterns found at the Great Zimbabwe national monument.
Below is a sample of the reverse side of Zimbabwe’s Mosi-oa-Tunya gold coin as shared by the RBZ:
Individuals and institutional buyers of Zimbabwe’s Mosi Oa Tunya gold coin will be required to hold them for at least 180 days before selling. iharare.