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1 Dollar 'Colosseum' coin
| Issuer | Republic of Palau |
|---|---|
| Year | 2011 |
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| Composition | Log in to see details |
| Weight | 0.5 g |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The reverse presents a detailed frontal elevation of the Colosseum of Rome rendered in high relief, depicting the iconic amphitheatre's multiple arcaded tiers with arched bays populated by figurative elements. The design is faithful to the ancient Roman structure and evokes its monumental character. A beaded inner border frames the composition, with the abbreviated Latin legend 'P M TR P II COS S P' arranged in an arc around the upper portion of the field, referencing a Roman imperial titulature inscription associated with the original Colosseum's dedication. The Roman numeral date 'MMXI' appears in the exergue below the structure. |
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| Additional information |
Palau's micro-gold program of the early 2010s produced dozens of these miniature .999 issues targeting the collector novelty market rather than any monetary function. The Colosseum piece belongs to a broader "World Landmarks" series commissioned through the European minting trade — almost certainly struck by a European contract mint, most likely in Austria or Poland, on behalf of the Palauan treasury, which earns licensing revenue without involvement in design or production.
Legal tender face value is purely nominal on an island nation with a GDP that renders a $1 gold coin economically absurd by any measure.