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5 Dollars Vreneli
| Issuer | Bank of Nauru |
|---|---|
| Year | 2010 |
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| Composition | Log in to see details |
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| Diameter | 11 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The reverse features a right-facing draped bust of Helvetia in the classical Vreneli style, adapted from the traditional Swiss gold coin design, occupying the central field with fine hair detail and a ruffled collar. The inscription SWISS GOLD INVESTMENT curves along the upper border, while the weight and fineness designation 1/2 G .9999 FINEST GOLD appears along the left and lower periphery. The denomination 5 DOLLARS is inscribed along the right border, completing the circular legend. The overall composition closely references the iconic Swiss Vreneli gold coinage tradition. |
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| Additional information |
The "Vreneli" is Switzerland's beloved 20-franc gold coin, struck continuously from 1897 to 1949 and briefly again in 1935 — one of the most recognizable bullion pieces in European history. Nauru's adoption of the design for a fractional gold issue is purely a licensing arrangement, part of a wave of Pacific island microstates issuing collector coins under their own authority with no meaningful connection to the depicted subject.
Nauru's monetary relationship with Australia makes a domestically circulating gold coin a legal fiction from the outset.