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1 Dollar Announcement as Venerable

Issuer Palau
Year 2011
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Weight 27 g
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Obverse description The central device features the coat of arms of the Republic of Palau, depicting a shield bearing a traditional scene with a sea deity holding a trident seated alongside a female figure, flanked by marine vegetation, surmounted by a traditional outrigger canoe. The legend REPUBLIC OF PALAU arcs along the upper periphery, with eight five-pointed stars arranged symmetrically in the field. The inscription RAINBOW'S END appears at the base of the shield within the arms, and the denomination 1 $ is placed in the lower exergue.
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Reverse description The reverse features a colorized central portrait of Pope Benedict XVI facing three-quarters left, rendered in full color against a decorative background. To the left, a smaller relief effigy of Pope John Paul II is depicted facing right in pontifical vestments. The inscriptions record the key dates and events: the announcement of John Paul II as Venerable on 13 May 2005 by Benedict XVI, and the Beatification date of 01.05.2011. All legends are arranged around and below the central figures in the field.
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Additional information

Palau's "Announcement as Venerable" dollar belongs to a series commemorating steps in the canonization process of the Catholic Church — a niche collecting category driven almost entirely by the Vatican's beatification and canonization calendar rather than any monetary or political mandate from Palau itself. The island nation has issued coins under licensing arrangements since the 1990s, with the actual production handled by external minting houses targeting the thematic collector market.

KM#343 is silver-plated copper, which places it firmly outside the bullion tier of this series.

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