10 Dollars XXX Summer Olympic Games 2012 London

Nauru's Olympic commemorative program has long operated as a revenue instrument rather than a numismatic one — the island nation has no Olympic team of note and no meaningful connection to the London Games. These issues were produced under licensing arrangements common to small Pacific sovereignties that mint coins primarily for the collector export market, with the Bank of Nauru lending its issuing authority to series conceived and distributed by external trading houses. The three-year gap between striking and the Games themselves is routine for this type of program.