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5 Dollars Mahatma Gandhi

Issuer Bank of Nauru
Year 2010
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Currency Dollar (1993-date)
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Obverse script Latin
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Reverse description A facing portrait of Mahatma Gandhi is depicted in the central field, rendered in fine relief against a plain background. The denomination $5 appears to one side of the portrait, while the name MAHATMA GANDHI arcs across the upper field. Gandhi's birth and death years 1869-1948 are inscribed in the lower field, commemorating his life and legacy as a leader of Indian independence.
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Nauru's micro-gold issues from this period were produced by the Austrian Mint under licensing arrangements common to several Pacific island nations with no meaningful domestic minting infrastructure. Gandhi's image has appeared on commemorative coinage issued by dozens of countries, but Nauru's 2010 piece is among the smallest gold strikes bearing his likeness — half a gram at 11mm places it firmly in the novelty bullion category that flooded the market in the late 2000s as gold prices climbed past $1,000 per troy ounce.

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