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1 Dollar Christmas Island - Rudolph

Issuer Kiribati
Year 2016
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Value 1 Dollar
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Obverse script Latin
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Reverse script Latin
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Additional information

Christmas Island is an Australian territory in the Indian Ocean with no administrative connection to Kiribati, the Pacific island nation roughly 3,000 kilometres to the northeast. This coin's attribution to Kiribati as issuer while invoking Christmas Island is a licensing arrangement common among Pacific microstates that have long permitted their nominal sovereignty to be used for commemorative coin programs targeting the collector market — Kiribati itself has no meaningful domestic circulation for issues of this type.

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