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10 Dollars Princely Palace in Monaco

Issuer Bank of Nauru
Year 2004
Type Non-circulating coin
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Obverse lettering BANK OF NAURU NAOERO GOD'S WILL FIRST 2004
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Reverse script Latin
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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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