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10 Francs Rhinoceros, palladium

Issuer Banki Nkuru y'u Rwanda (National Bank of Rwanda)
Year 2015
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Currency Franc (1964-date)
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Obverse lettering BANKI NKURU Y`U RWANDA REPUBULIKA Y`U RWANDA UBUMWI - UMURIMO - GUKUNDA IGIHUGU AMAFARANGA 10 ICUMI
(Translation: Central Bank of Rwanda. Republic of Rwanda. Unity work patriotism. Ten francs.)
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Edge Plain
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Additional information

Rwanda's palladium wildlife issues occupy a strange corner of the numismatic market — struck in a metal with almost no minting tradition, for a country with no domestic palladium production, sold almost entirely to foreign collectors rather than circulated. The 0.311g specification is the smallest practical palladium planchet commercially viable, and the .999 fineness is standard for the metal's modern numismatic use, where alloying is rarely done.

Palladium was briefly fashionable among boutique mints in the 2010s following its price volatility relative to platinum.

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