K5.00 and K2.00 coins launched to commemorate University of Papua New Guinea’s Golden Jubilee Year
To celebrate the 50 th Anniversary of the University of Papua New Guinea, Bank of Papua New Guinea has released commemorative K5.00 and K2.00 coins to mark the event. The commemorative coin was minted by the Royal Australian Mint which comes with its packaging and would be on sale. The K2.00 coin is Gold in colour while the K5.00 coin is Silver and both coins have the UPNG Golden Jubilee emblem minted onto it. The K2.00 coin will be sold for K25.00 while the K5.00 coin would be sold for K125.00. Speaking at the launching of the commemorative coins, Governor of Bank of PNG, Loi Bakani said University of Papua New Guinea has come a long way in terms of grooming a lot of Papua New Guineans who have contributed in developing the country. “We have been associated with other entities but with the University of Papua New Guinea to celebrate its Golden Jubilee; we at the bank of papua new guinea are honored to participate in this milestone event to present these coins,