Thursday, November 24, 2016

Nauru 5 Dollars 2016 - HMS Hermes & HMS Royal Oak a fantasy or NCLT coin?

Nauru 5 Dollars 2016 - HMS Hermes & HMS Royal Oak

                     Nominal Value 
  Metal  
 Weight
  Diameter
Mintage    Year
               5 Dollars   
  Al-Bronze 
16.5g
  35.5 mm
   Unknown   2016   



Couple days ago, I acqiured two coins from Nauru in a set. It was 5 dollars from 2016  ships HMS Hermes and HMS Royal Oak. By Wikipedia I know that HMS Hermes was an aircraft carrier built for the Royal Navy and was the world's first ship to be designed as an aircraft carrier (although the Imperial Japanese Navy's Hōshō was the first to be commissioned and launched ) while HMS Royal Oak was one of five Revenge-class battleships built for the Royal Navy during the First World War. Launched in 1914 and completed in 1916, Royal Oak first saw combat at the Battle of Jutland as part of the Grand Fleet. In peacetime, she served in the Atlantic, Home and Mediterranean fleets, more than once coming under accidental attack. What I don't know, and what is more interesting in these coins and their themes, is if these coins are fantasy ones or non-circulating legal tender. Now let see some facts from Wikipedia. Nauru, officially the Republic of Nauru and formerly known as Pleasant Island, is an island country in Micronesia in the Central Pacific. As for currency they use Australian dollar.

Reading Currency Act 1976 from Republic of  Nauru (new version is in force from 6 November 2012 to date) I know that they issue commemorative coins. There is a list with a complete description of issued coins ( unfortunately lack of mintage ) since 2002 to 2011 and information that "Each commemorative coin described in the Schedule is taken to be, and to always have been, a national coin." So, in my opinion it solves the question of wether they are  fantasy coins or not. Tey are a non circulating legal tender coin ! Still searching information about this two coins, so well keep you updating.

Source: wikipedia/own/ronlaw.gov.nr