Bhutan 1 Ngultrum – Royal Government of Bhutan (First RMA Series & 2006 Series)
1. Bhutan 1 Ngultrum – Royal Government of Bhutan (First RMA Series)
Series: 1986–1990 (ND 1986)
Catalog: Pick P-12 (signature variety dependent)
Issuer: Royal Monetary Authority of Bhutan
Description
This 1 Ngultrum banknote was issued by the Royal Monetary Authority of Bhutan shortly after its establishment in 1983. The obverse features Bhutan's Royal Emblem with two facing Druk (Thunder Dragons) surrounding the national emblem, symbolizing the sovereignty and Buddhist heritage of Bhutan. The reverse depicts the historic Simtokha Dzong, one of Bhutan's oldest fortresses, built in 1629 and regarded as the first dzong of the kingdom. The note is printed on paper with a "Royal Monetary Authority" watermark and is one of the most attractive low-denomination notes issued by Bhutan.
Condition : Fine (F)
2. Bhutan 1 Ngultrum – Series 2006
Series: 2006
Catalog: Pick P-27a
Issuer: Royal Monetary Authority of Bhutan
Description
This Series 2006 1 Ngultrum banknote was introduced as part of Bhutan's modernized currency series. The obverse displays the Dharmachakra (Wheel of Dharma) flanked by two Thunder Dragons (Druk), representing Buddhist philosophy and national identity. The reverse again features Simtokha Dzong, emphasizing Bhutan's architectural heritage. Printed on a hybrid substrate with improved security features, this series remains legal tender in Bhutan today.
Condition : UNC to Choice UNC

