Catalog
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| Issuer | Bank of Nauru |
|---|---|
| Year | 2005 |
| Type | Non-circulating coin |
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| Reverse description | A finely detailed, partially gilt representation of the Stephansdom (St. Stephen's Cathedral) in Vienna, Austria, occupies the central field of the coin, with selective gold plating applied to the entire architectural motif to highlight the Gothic spires, ornate facades, and characteristic tiled roof. The legend 'AUSTRIA – STEPHANSDOM' arcs along the upper periphery, while the denomination '10 DOLLARS' and the series inscription 'EUROPEAN MONUMENTS' appear in the lower field beneath the cathedral. The contrast between the gold-plated central device and the mirror-polished silver fields enhances the visual impact of this proof issue. |
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| Edge | Plain |
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| Additional information |
Nauru — a phosphate-mined atoll in the Pacific with a population under 10,000 — has no meaningful connection to St. Stephen's Cathedral in Vienna, which is precisely the point. From the late 1990s onward, the Bank of Nauru issued a sprawling series of silver coins depicting European landmarks, world monuments, and historical subjects that had nothing to do with the island. These were produced explicitly for the collector and bullion markets, leveraging Nauru's sovereign minting rights rather than any national narrative.
KM#43 falls squarely within that program. The series drew criticism from numismatic traditionalists but sold reliably through European distributors.