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50 Vatu History of Gold
| Issuer | Reserve Bank of Vanuatu |
|---|---|
| Year | 1998 |
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| Composition | Log in to see details |
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| Reference(s) | KM#31, Schön#49 |
| Obverse description | The national coat of arms of Vanuatu occupies the central field, depicting a warrior in traditional dress holding a spear and a ceremonial club, standing before a boar's tusk and two crossed namele fern fronds, all within a circular device. A ribbon at the base bears the national motto in Bislama. The date 1998 appears in the upper field above the arms. The legend RIPABLIK arcs along the left rim and BLONG along the right rim, with VANUATU inscribed along the lower rim, together forming the Bislama rendering of the republic's name. |
|---|---|
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| Reverse description | The reverse features a detailed miniature rendering of a historical gold coin — identifiable as a Spanish Colonial cross-type doubloon — occupying the central field, with a bold cross patée design at its center surrounded by a tressure of four arcs, and peripheral legends replicating the original coin's inscriptions. The surrounding field is decorated with a ring of small ornamental pellets along the inner border. The legend VANUATU HISTORY OF GOLD arcs across the upper portion of the field, while the denomination 50 VATU is inscribed along the lower rim. |
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| Additional information |
Part of a broad wave of small-format gold issues produced for the collector market in the late 1990s, when numerous Pacific island nations leased their minting authority to produce low-mintage bullion and commemorative pieces with nominal face values bearing no relation to metal content. Vanuatu itself has no domestic gold mining industry — the coin's composition is entirely a collector conceit.