Catalog
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| Issuer | Bank of Nauru |
|---|---|
| Year | 1995 |
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| Thickness | 1.6 mm |
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| Obverse description | The national arms of Nauru displayed prominently in the centre of the field, comprising a quartered shield depicting a frigate bird, a flowering plant, a star, and a traditional woven pattern, flanked by two feathered ceremonial decorations. Above the shield, a scroll bearing the Nauruan name 'NAOERO' surmounts a twelve-pointed star. Below the shield, a scroll carries the national motto 'GOD'S WILL FIRST'. The legend 'BANK OF NAURU' curves along the upper periphery, with the date '1995' inscribed in large numerals along the lower field. |
|---|---|
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| Reverse description | A finely detailed high-relief depiction of a dugong (Dugong dugon), an endangered marine mammal, rendered in naturalistic style as it descends toward the seabed, its head lowered and forelimbs extended toward aquatic vegetation and scattered rocks in the lower field. The texture of the animal's skin is rendered with careful engraving detail. The inscription 'ENDANGERED WILDLIFE' curves along the upper periphery in bold raised lettering, while the denomination '50 DOLLARS' appears in two lines to the left of the animal in the field. |
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| Additional information |
Nauru's 1990s gold issues were produced almost entirely for the collector export market — the island had no meaningful domestic numismatic tradition and its economy ran on phosphate royalties, not coin circulation. The Bank of Nauru functioned as an issuing authority in name, with the physical production contracted to foreign mints. The .583 fineness is an unusual choice, sitting below the more commercially standard .585 used in some Asian jewelry markets, suggesting a cost-driven specification rather than a deliberate monetary or hallmark alignment.