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1 Dollar Bottle-Nose Dolphin, Gold Proof Issue
| Issuer | Palau |
|---|---|
| Year | 1998 |
| Type | Non-circulating coin |
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| Obverse description | Two facing mermaids are depicted in the central field, each holding a trident and rendered in fine relief against a stylised ocean horizon. The figures are shown from the waist up with flowing hair and scaled tails, positioned symmetrically facing one another. The arc legend REPUBLIC OF PALAU curves along the upper periphery, with the date 1998 integrated into the inscription at the right. The denomination 1 $ appears in the lower central field beneath the figures. A beaded border encircles the entire design. |
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| Reverse script | Latin |
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| Additional information |
Palau began issuing legal tender coinage in 1994 following a Compact of Free Association with the United States, which left the country using the US dollar as its official currency — making these gold pieces purely collectible rather than anything approaching circulating money. The dolphin series launched shortly after and was aimed squarely at the international wildlife coin market that had expanded aggressively through the 1990s.
At 1.24 g of .999 fine gold, this is a 1/25 oz piece — a format popularized by the Perth Mint and quickly adopted by smaller issuing authorities contracting production to established mints.