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50 Dollars Kaiser Wilhelm ship
| Issuer | Bank of Nauru |
|---|---|
| Year | 1994 |
| Type | Log in to see details |
| Value | 50 Dollars |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | BANK OF NAURU NAOERO GOD'S · WILL · FIRST 1994 |
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| Additional information |
Nauru's 1994 gold issues commemorating the Kaiser Wilhelm der Grosse — the German passenger liner that called at the island during the colonial period — were struck under the authority of the Bank of Nauru, an institution that by the mid-1990s had become deeply entangled in the republic's ill-fated phosphate trust fund collapse. The coin program was itself partly a revenue-generation measure as the island's primary income source began its terminal decline.
The .583 fineness places this squarely in the 14-karat category, less common in Pacific commemorative issues than the .999 gold flooding that market at the time.