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10 Dollars Olympic Stadium in Munich
| Issuer | Bank of Nauru |
|---|---|
| Year | 2006 |
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| Value | 10 Dollars |
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| Composition | Log in to see details |
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| Obverse description | The national arms of Nauru displayed centrally in the field, featuring a shield divided into quarters with a star and frigatebird crest above, flanked by two sprigs of tomano flowers, and a ribbon below bearing the motto 'GOD'S WILL FIRST'. The legend 'BANK OF NAURU' arcs along the upper periphery, with the date '2006' inscribed in the lower field. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | BANK OF NAURU 2006 |
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| Additional information |
Nauru's late-period commemorative program produced dozens of small-format gold issues in the 2000s, most struck by external mints on contract and sold directly into the collector market rather than circulated. The island's actual economy had effectively collapsed following the exhaustion of phosphate deposits, leaving the government dependent on licensing its sovereignty for exactly these kinds of revenue-generating numismatic schemes.
The Munich Olympic Stadium connection is purely commemorative — the 1972 Games are more often remembered for the massacre of eleven Israeli athletes and coaches than for the architecture, however celebrated Frei Otto's tensile roof structure remains among engineers.