Vanuatu has used its coinage program aggressively since the 1990s to generate foreign exchange revenue, licensing designs to overseas minting agencies — a common arrangement among Pacific microstates with no significant domestic collector base. This piece is part of a broader cat-breed series aimed squarely at the Japanese collector market, where the Japanese Bobtail carries strong cultural associations dating back centuries to the beckoning maneki-neko figure.
The Reserve Bank of Vanuatu exercises monetary authority but has no meaningful role in selecting or producing these issues.
Vanuatu has used its coinage program aggressively since the 1990s to generate foreign exchange revenue, licensing designs to overseas minting agencies — a common arrangement among Pacific microstates with no significant domestic collector base. This piece is part of a broader cat-breed series aimed squarely at the Japanese collector market, where the Japanese Bobtail carries strong cultural associations dating back centuries to the beckoning maneki-neko figure.
The Reserve Bank of Vanuatu exercises monetary authority but has no meaningful role in selecting or producing these issues.