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10 Dollars The Bank of Namibia
| Issuer | Bank of Namibia |
|---|---|
| Year | 2010 |
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| Currency | Dollar (1993-date) |
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| Obverse description | The national coat of arms of Namibia occupies the central field, comprising a quartered shield charged with a sun motif and diagonal bands, flanked by two rearing oryx as supporters, and surmounted by a fish eagle with wings displayed. A ribbon scroll at the base of the shield bears the motto legend UNITY LIBERTY JUSTICE. The date 2010 appears in the lower field beneath the arms, with the circular legend REPUBLIC OF NAMIBIA arching along the lower rim. |
|---|---|
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| Obverse lettering | UNITY LIBERTY JUSTICE 2010 REPUBLIC OF NAMIBIA |
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| Additional information |
Namibia's gold coinage program has always occupied an awkward niche — struck primarily for the collector and bullion markets rather than any genuine monetary function, with mintages kept deliberately low to sustain secondary market premiums. KM#23 dates to a period when the Bank of Namibia was actively expanding its commemorative and precious-metal issues following two decades of independence from South African administration, granted in 1990 after a prolonged UN-supervised transition.
At just over a gram, the coin's gold content sits below the threshold most institutional buyers track.