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50 Dollars Kaiser Wilhelm ship
| Issuer | Bank of Nauru |
|---|---|
| Year | 1994 |
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| Value | Log in to see details |
| Currency | Dollar (1993-date) |
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| Obverse description | The national arms of Nauru depicted centrally within the field, comprising a quartered shield supported by two frigate bird feather sprays flanking either side, surmounted by a twelve-pointed star above the shield. A scroll at the base bears the motto 'GOD'S WILL FIRST' in the exergue. The encircling legend reads 'BANK OF NAURU' at the top and 'NAOERO' on the upper scroll of the arms, with the date '1994' appearing at the bottom of the field. The design is rendered with a high-relief finish against a polished black background. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Nauru's 1994 gold issues commemorating the Kaiser Wilhelm der Grosse — the German passenger liner that called at the island during the colonial period — were struck under the authority of the Bank of Nauru, an institution that by the mid-1990s had become deeply entangled in the republic's ill-fated phosphate trust fund collapse. The coin program was itself partly a revenue-generation measure as the island's primary income source began its terminal decline.
The .583 fineness places this squarely in the 14-karat category, less common in Pacific commemorative issues than the .999 gold flooding that market at the time.