Minerva Reef

Republic of Minerva Micronation
Flag
Motto: Land of the Rising Atoll
Minerva Reefs
Status	Defunct (now part of Tonga)
Official languages	English
Organizational structure	Republic
• President	Morris C Davis (1972-1973, 1982)
Establishment
• Declared	19 January 1972
Membership	42
Purported currency	Minerva Dollar
Annexed by  Tonga in 1972

The Minerva Reefs (Tongan: Ongo Teleki), briefly de facto independent in 1972 as the Republic of Minerva, are a group of two submerged atolls located in the Pacific Ocean south of Fiji and Tonga. The reefs were named after the whaleship Minerva, wrecked on what became known as South Minerva after setting out from Sydney in 1829. Many other ships would follow, for example the Strathcona, which was sailing north soon after completion in Auckland in 1914. In both cases most of the crew saved themselves in whaleboats or rafts and reached the Lau Islands in Fiji. Of some other ships, however, no survivors are known.

It is not known when the reefs were first discovered but had been marked on charts as "Nicholson's Shoal" since the late 1820s. Capt H. M. Denham of the HMS Herald surveyed the reefs in 1854 and renamed them after the Australian whaler Minerva which collided with South Minerva Reef on 9 September 1829.

The Republic of Minerva was a micronation consisting of the Minerva Reefs. It was one of the few modern attempts at creating a sovereign micronation on the reclaimed land of an artificial island in 1972. The architect was Las Vegas real estate millionaire and political activist Michael Oliver, who went on to other similar attempts in the following decade. Lithuanian-born Oliver formed a syndicate, the Ocean Life Research Foundation, which allegedly had some $100,000,000 for the project and had offices in New York City and London. They anticipated a libertarian society with "no taxation, welfare, subsidies, or any form of economic interventionism." In addition to tourism and fishing, the economy of the new nation would include light industry and other commerce. According to Glen Raphael, "The chief reason that the Minerva project failed was that the libertarians who were involved did not want to fight for their territory." According to Reason, Minerva has been "more or less reclaimed by the sea".