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20 Dollars Rarotonga
| Issuer | Bank of the South Pacific States |
|---|---|
| Year | 2015 |
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| Value | 20 Dollars (20 NZD) |
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| Obverse description | Vignette at left of a bird of paradise perched on a branch against a Polynesian geometric guilloche border; central vignette of a woman paddling an outrigger canoe across a turquoise lagoon with a tropical shoreline behind. An open pearl oyster shell and a lionfish appear at right, with the date July 28, 2015 in a cartouche below the central scene. |
|---|---|
| Obverse lettering | Bank of the South Pacific States 20 RAROTONGA July 28, 2015 TWENTY DOLLARS |
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| Comments |
The Bank of the South Pacific States is not a recognized central bank — it has no issuing authority over any sovereign territory, and "Rarotonga" here refers to the Cook Islands, which issues its own legal tender through the New Zealand monetary system. Notes carrying this issuer name are privately commissioned fantasy pieces, sometimes marketed as "legal tender" through obscure proclamations, but they circulate in no economy and are redeemable nowhere.
Franck Medina has produced designs for several such phantom issuers. Collector interest exists, but these should be cataloged as novelty items, not as monetary instruments.