The Bank of Ghana (BoG) has given authorisation to Gold Coast Refinery Limited to mint commemorative gold coins to celebrate the Asantehene, Otumfuo Osei Tutu II, for his outstanding contribution to the peace, stability and development of the country over the past 22 years.
This is the first time non-circulating commemorative coins meant to celebrate and honour people, places, events and institutions are being issued in the country.
The gold coins has been issued at the Manhyia Palace in Kumasi yesturday 12 / 12 / 2021 (Sunday ) to coincide with the celebration of the last Akwasidae of the year, with proceeds from the auction of the coins being used to establish a multi-purpose Cultural Resource Centre in Kumasi to promote activities related to traditional and customary conflict resolution in the country.
The Precious Minerals Marketing Company (PMMC) is collaborating with an Accra-based Ghanaian business solutions provider, the E ON 3 Group, to launch the gold coins.
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The coins are of 99.99 per cent assay at 24 carat fine gold, with a diameter of 37mm and weight of 31.104 grammes each.
“The image on the face of the gold coin is the Asantehene .
“The back bears an image of the Golden Stool (Sika Dwa),” a statement from the organiser said.
Access Bank is the official banking partner of the launch of the gold coins, while Coronation Insurance Company Limited is the official insurance company, with other companies, including the KGL Group, as co-sponsor.
