Catalog
| Issuer | Bank of Nauru |
|---|---|
| Year | 2005 |
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| Composition | Silver (.999) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse depicts a gilt relief of Saint Basil's Cathedral in Moscow, centrally positioned and rendered in fine detail with its distinctive onion domes and ornate facade highlighted in gold gilding against the polished silver field. The Cyrillic inscription 'RUSSIA - ВАСИЛИЯ БЛАЖЕННОГО' arcs along the upper border. The denomination '10 DOLLARS' is inscribed in the lower field, with the series inscription 'EUROPEAN MONUMENTS' along the lower periphery. |
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| Reverse lettering | RUSSIA - ВАСИЛИЯ БЛАЖЕННОГО 10 DOLLARS EUROPEAN MONUMENTS |
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| Additional information |
Nauru's late-2000s commemorative silver program leaned heavily on world landmarks with no connection to the island, a strategy shared by dozens of small Pacific nations using coin issuance as a modest revenue stream rather than a statement of national identity. St. Basil's was a recurring subject across multiple issuers in this period, making KM#57 one of several competing catalog entries for nearly identical concepts struck in the same years.
Nauru itself had been effectively insolvent since the collapse of its phosphate trust fund in the early 2000s, relying on Australian financial support and unconventional income sources — of which numismatic licensing was one.