PAPUA NEW GUINEA, 10 kina, 1976, Franklin Mint, silver, 1.2371 ozT, KM8a, fingerprints, Proof

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Papua-New Guinea was one of many newly independent nations that contracted with the Franklin Mint to sell coins to coin collectors

Papua New Guinea is the eastern half of the island of New Guinea. The western side is part of Indonesia. In the 19th century the whole island was colonized, in the west by the Netherlands, in the northeast by Germany, and in the southeast by Great Britain. The British got the German part after World War I. The British zone became independent in 1975.

Coin collectors tend to be geographically oriented. If they are not patriotically collecting the coins of only their own country, or sentimentally some other country, then perhaps they will collect a region. The Pacific islands that start with Borneo and progress eastward to Hawaii and Easter Island are culturally very varied and spread across an expanse of water three times the size of Asia. Size of these islands ranges from Australia to Nauru. Population of Indonesia 1/4 billion, Tonga 100,000. Coins were made in Indonesia 1000 years ago if not earlier.

By “Modern World Coins” we mean here, generally, the round, flat, shiny metal objects that people have used for money and still do. “Modern,” though, varies by location. There was some other way they were doing their economies, and then they switched over to “modern coins,” then they went toward paper money, now we’re all going toward digital, a future in which kids look at a coin and say “What’s that?” We’ll say: “We used to use those to buy things.” Kids will ask “How?” The main catalog reference is the Standard Catalog of World Coins, to which the KM numbers refer.