10 Dollars - Elizabeth II ANZAC Day - Trumpet

Kiribati issues commemorative coinage almost exclusively through external minting arrangements — in this case almost certainly the Perth Mint — with no domestic mint infrastructure of its own. The ANZAC Day series targets the Australian and New Zealand collector market directly, leaning on a commemorative tradition those nations observe on 25 April each year to mark the 1915 Gallipoli landings. Kiribati's nominal authority on the coin is largely a licensing arrangement.

.500 fineness is deliberately low for a "silver" commemorative, keeping production costs down on a piece aimed at mid-market collectors rather than serious numismatists.