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10 Dollars Princely Palace in Monaco

Issuer Bank of Nauru
Year 2004
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Value 10 Dollars
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Reverse description The reverse depicts a detailed view of the Palais de Monaco (Princely Palace of Monaco), rendered in fine engraved relief against a plain field. The architectural facade of the historic palace is shown with careful attention to its towers, battlements, and classical detailing. The legend MONACO - PALAIS DE MONACO arcs along the upper portion of the field, while the inscription EUROPEAN MONUMENTS appears in the lower field. The denomination 10 DOLLARS is inscribed centrally beneath the palace image.
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Edge Reeded
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Additional information

Nauru's late-1990s and early-2000s commemorative program was frankly a revenue operation — the island nation licensed its minting authority to produce collectibles with no meaningful connection to Nauruan history or culture. This piece, celebrating a Monégasque palace from a Pacific microstate with a population under ten thousand, is a clear example of that arrangement.

KM#56 sits in a long sequence of similar issues produced for the collector market through European distributors.

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