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5 Dollars - Elizabeth II King Nikolai II
| Issuer | Bank of Nauru |
|---|---|
| Year | 2011 |
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| Composition | Log in to see details |
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| Technique | Milled |
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| Obverse description | The national coat of arms of Nauru is depicted centrally in the field, featuring a quartered shield supported by two frigate birds with outstretched wings, a chief bearing a star above a phosphate cantilever, and a scroll below inscribed with the national motto 'GOD'S WILL FIRST'. A banner above the shield bears the Nauruan name 'NAOERO'. The curved legend 'BANK OF NAURU' arcs across the upper field, with the date '2011' positioned at the base, flanked by two raised dots. |
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| Reverse script | Latin |
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| Additional information |
Nauru has no meaningful historical connection to Nicholas II, and this issue belongs firmly to the modern commemorative bullion market — a category where Pacific micro-states with minimal numismatic infrastructure have long licensed their sovereign issuing authority to foreign minting houses, primarily Austrian and Australian operators. The coin's gold fineness and fractional weight place it squarely in that commercial pipeline rather than any national monetary program.