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1 Dollar Lionfish and Parrotfish - Palladium Essai

Issuer Palau
Year 2000
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Weight 31.1 g
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Obverse description A topless mermaid with a floral wreath crown is depicted in the right portion of the field, facing left, holding an upright trident in her right hand, her scaled tail curling toward the lower field. A full-rigged sailing ship under sail appears in the left middle ground, set against a stylized ocean surface. The denomination '1$' is inscribed in the lower left field. The circular legend 'REPUBLIC OF PALAU 2000' arcs along the upper periphery, with a beaded border encircling the entire design.
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Edge Reeded
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Additional information

Palau gained the authority to issue its own coinage under a 1994 compact with the United States, and quickly became one of the most experimentally prolific issuers in the Pacific — particularly in precious metals. This piece is an essai, meaning it was struck as a trial or proof-of-concept rather than for general release, which explains the palladium composition: by 2000, several mints were testing palladium as a collector vehicle, though the metal never achieved the commercial traction that silver and gold retained.

Palladium essais from small Pacific island issuers are rarely documented in standard references, and surviving quantities are almost never officially recorded.

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