1 Dollar Asian Fan

Palau's dollar-denominated gold miniatures occupy a peculiar corner of the numismatic market — they are legal tender by law but exist entirely as collector vehicles, backed by an issuing authority that itself uses the US dollar and operates no independent central bank. The KM#1014 sits in a long series of sub-gram Palauan gold issues that began proliferating in the 2010s, produced under licensing arrangements with European minting houses rather than any facility in Palau itself.