Catalog
| Issuer | Bank of Nauru |
|---|---|
| Year | 2011 |
| Type | Non-circulating coin |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Log in to see details |
| Orientation | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
| Reverse lettering | Log in to see details |
| Edge | Milled |
| Mint | Log in to see details |
| Mintage | Log in to see details |
| Additional information |
Nauru's authority to issue collector coinage has long outpaced its domestic monetary reality — the island abandoned its own currency in 1914 and has used the Australian dollar ever since. This piece is a licensed commemorative, produced for the international collector market rather than any circulating need, a category Nauru has exploited extensively since the 1990s through arrangements with foreign minting agencies.
The .500 silver fineness is notably low for collector issues of this type, a cost-driven choice that places it beneath the .925 standard most buyers expect.