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10 Dollars Vatican - Saint Peter's Cathedral
| Issuer | Bank of Nauru |
|---|---|
| Year | 2003 |
| Type | Non-circulating coin |
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| Obverse description | The national coat of arms of Nauru occupies the central field, depicting a quartered shield supported by two frigate birds, with a scroll above bearing the name NAOERO and a twelve-pointed star at the top. A ribbon at the base carries the national motto GOD'S WILL FIRST. The curved legend BANK OF NAURU arcs along the upper rim, while the date 2003 appears in the lower field beneath the arms. |
|---|---|
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| Edge | Plain |
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| Additional information |
Nauru's numismatic program in the early 2000s was essentially a commercial licensing operation — the island nation, then in the midst of a severe fiscal collapse following the near-total exhaustion of its phosphate reserves, generated foreign currency through coin issuing agreements with external distributors. This piece had no domestic circulation function whatsoever.