1 Merit Wood Set

Liberland — the self-proclaimed micronation occupying a disputed 7 km² strip of land between Croatia and Serbia — began issuing physical Merit tokens in 2018 as tangible representations of its blockchain-based cryptocurrency. Croatian authorities have consistently prevented settlers from entering the territory, meaning the nation that issued this piece has never had a functioning resident population. The wooden composition was one of several novelty substrates produced for collector distribution rather than any practical monetary use.