10 Vatu Delias Iltis

Delias iltis is a jezebel butterfly native to Vanuatu, part of the Pieridae family known for vivid underwing coloration that serves as warning mimicry. This coin belongs to a broader Pacific wildlife series issued in the mid-2000s, when several small-nation central banks — Vanuatu included — were producing silver-plated collector pieces through third-party mint arrangements rather than sovereign minting infrastructure. Vanuatu has no domestic mint; production was almost certainly contracted offshore, most likely to a European or Australian facility.