ALTHOUGH MANY UTOPIAN SOCIETIES SEEM doomed from the outset, the Republic of Minerva was up against a unique challenge: Creating a libertarian micronation on reclaimed reefs in the Pacific Ocean, when the land already had an owner. Situated 250 miles from Tonga, the Republic of Minerva was conceived by wealthy Nevada real estate mogul Michael Oliver. According to Oliver, his organization the Ocean Life Research Foundation had raised $100 million to create a utopian society on Pacific reefs. Oliver’s plan was to create a micro-nation without taxes, welfare or economic intervention, that lived chiefly off of tourism and fishing. In 1971, Minerva’s construction began by bringing barges of sand to the reefs to raise them out of the ocean. Oliver then led a conference of neighboring states in which he delcared his intentions, only to find out that Tonga had issued a claim over the land. At that point, Oliver and his organization jumped the gun a little bit. Ignoring other claims to Minerva, Oliver issued a declaration of independence and created a coin currency for his new nation and was all set to launch into his experiment in nation building. Unfortunately, the King of Tonga did not accept the new country’s legitimacy, and issued a document laying official claim to the reefs. Within months, representatives from Tonga made it clear they were in control of the reefs, and Oliver and his followers left without a fight. Since that time, a few other groups have tried to set up shop on the islands of Minerva, only to be rebuffed once again by the Tongan government. Almost all of the land brought to the reefs has since been reclaimed by the Pacific Ocean.
I read about the Republic of Minerva recently. Micronations are interesting, and their fantasy coinage can be pretty neat. I believe these particular ones are listed in the Krause Unusual World Coins volume. You can see the reverse of that coin above on the Wikipedia page. Sealand is another micronation which produced stamps and coins.
I love that Sealand also has a coin issued by a “Rebel” goverment. Sealand is generally a really interesting story (on a side note my dad served on the Army forts at Red Sand and Marsell after the War and once was on the Navy fort that became Sealand ) and would love to own some of their coins
Both the Republic of Minerva and Sealand have interesting stories - both seeing a better way. Sealand had a few coins - Orca in I think half dollar, dollar and a two and a half dollar specimen. They also ha a commemorative $100 coin if I recall correctly.