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10 Dollars - Elizabeth II German Euro

Issuer Bank of Nauru
Year 2002
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Value 10 Dollars
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Reverse script Latin
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Mintage 2002 - Proof, partially gilded - 2,500
Additional information

Nauru issued a series of silver dollars in the early 2000s timed to coincide with the euro changeover, selling them primarily to European collector markets rather than circulating them domestically. This piece belongs to that run, commemorating Germany's adoption of the euro on January 1, 2002 — the same date physical euro coins and notes entered circulation across twelve member states simultaneously.

Nauru had no economic relationship with the eurozone. The issue exists entirely as a revenue instrument, part of a broader Pacific island practice of licensing the right to strike commemoratives to private minting firms.

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