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50 Dollars - Elizabeth II Kagemaru

Issuer Government of Tuvalu
Year 2006
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Value 50 Dollars
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Obverse script Latin
Obverse lettering QUEEN ELIZABETH II RDM 1/2oz 9999 GOLD TUVALU 2006
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Additional information

Kagemaru was a fictional ninja protagonist from the 1992 Sega Mega Drive game The Revenge of Shinobi-adjacent title Ninja Gaiden lineage — though the specific licensing arrangement behind Tuvalu's willingness to issue legal tender commemorating Japanese video game characters in the mid-2000s reflects a broader Pacific island mint strategy of that decade. Several small sovereign nations with negligible circulation coinage needs entered agreements with the Perth Mint and similar producers to generate collector revenue from themed gold issues, with Tuvalu being among the most prolific.

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