1 Dollar Blueface Angelfish and Butterflyfish, Gold Proof Issue

Palau began issuing small-format gold proofs in the early 2000s as part of a broader Pacific island strategy of licensing coin programs to foreign minting agencies — in this case almost certainly produced by a European contractor, most likely in Austria or Germany, with Palau lending its name and legal tender status to a collectibles market rather than any domestic monetary need. The dual KM reference numbers suggest this piece was catalogued separately across different editions of the Standard Catalog, a not uncommon administrative inconsistency for Palauan issues of this period.