10 Dollars Konrad Adenauer

Nauru's gold miniature series, of which this is one entry, exploited the island nation's nominal monetary sovereignty to produce collector issues bearing portraits of foreign statespeople — a practice with no connection to Nauruan history or circulation. Adenauer himself died in 1967, nearly four decades before this coin was struck. The Bank of Nauru was effectively insolvent by the early 2000s following the collapse of phosphate revenues, making these issues curiosities of convenience rather than any meaningful commemorative program.