10 Dollars Joseph, Mary, Child Jesus and an ox

Kiribati has no gold mining industry and no domestic precious metals market — its coinage is produced entirely for the collector trade, with the physical coins rarely if ever touching the central Pacific. This particular issue is part of a broader wave of sub-1.5g gold miniatures that flooded the numismatic market in the late 2000s and early 2010s, largely manufactured by the Bavarian State Mint or comparable European facilities on contract for small-nation issuers with little more than licensing arrangements to their name.

KM#65 is one of several religious-themed gold minors from this program.