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1 Dollar Nadezhda

Issuer Gilbert Islands
Year 2015
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Technique Milled
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Obverse description Central coat of arms featuring a quartered shield displaying a castle tower, a lion passant, a diagonal band, and two anchors, supported by two lions rampant on either side with ornate foliate mantling. The shield is surmounted by a crown. The legend GILBERT ISLANDS arcs along the upper periphery in raised Latin lettering, and the date 2015 appears in the lower exergue.
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Obverse lettering GILBERT ISLANDS
2015
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Additional information

The Gilbert Islands — now the core of the independent nation of Kiribati — ceased to exist as a named political entity in 1979, which makes any coin bearing that issuer name a deliberate anachronism. Issues attributed to the Gilbert Islands in the modern era are almost exclusively produced for the collector market, typically through licensing arrangements with private mints rather than through any governmental monetary authority in Tarawa.

The name Nadezhda refers to the Russian sloop that surveyed parts of Micronesia and the central Pacific in the early nineteenth century.

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