A new denomination was created for these coins, the "Hau". A previous citizen of Tonga informed us that the Hau, is equal to 100 pa’anga, it only appears on commemorative coins, it is not a denomination used in everyday life, nor does it appear on banknotes. "Hau" in Tongan means "champion" and the Tongan monarch (any Tongan monarch) may be given the honorific title "Hau ‘o e ‘Otu Tonga" which literally translates as "Champion of the Tongan Islands.
The bullion price of palladium twice hit a peak of $1,115 US per troy ounce in January 2001. At current exchange rates this would be about £620 per ounce, and this set would have had an intrinsic metal value of £2,170. This makes it seem rather a bargain at our asking price.