1 Dollar Karl Carstens

Karl Carstens, West German President from 1979 to 1984, was a controversial figure at election — his wartime NSDAP membership, though never resulting in active participation, triggered large-scale protests at his inauguration. He largely rehabilitated his public standing through extensive goodwill walks across West Germany. Palau's small-format gold issues of this period were produced under license arrangements typical of the Pacific island micro-state model, with coins intended entirely for the collector market rather than circulation.