Catalog
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| Issuer | Government of Kiribati |
|---|---|
| Year | 2014 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | Log in to see details |
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| Reverse lettering | Rudolph the Red-Nosed Reindeer 5$ |
| Edge | Reeded |
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| Additional information |
Kiribati, a Pacific microstate with no meaningful numismatic tradition of its own, has long licensed its sovereign authority to issuing houses — in this case almost certainly the Perth Mint or a European bullion program — producing coins that will never circulate within the country's borders. This piece is a collector product in the strictest sense, designed entirely for the holiday gift and novelty bullion market.
The partial gilding technique applied here became a standard upsell feature on commemorative silver issues from roughly 2010 onward, adding marginal production cost while significantly increasing retail premium.