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1 Dollar Madonna and Child

Issuer Republic of Palau
Year 2009
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Shape Round
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Obverse script Latin
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Reverse description The reverse presents a finely rendered high-relief depiction of the Madonna and Child in the Byzantine iconic tradition. The Virgin Mary, crowned with an ornate diadem, is shown in three-quarter bust facing slightly right, her veil draped over her shoulders and head. The Christ Child, also wearing a crown, is cradled in her arms in the lower centre of the field, his right hand raised in a gesture of blessing. The legend MADONNA AND CHILD is inscribed vertically along the right side of the field in incuse lettering.
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Additional information

Palau's Madonna and Child dollar belongs to a long-running devotional series that began in 1992, issued under a licensing arrangement that allowed the tiny Pacific republic — population under 20,000 — to generate state revenue through collector coinage rather than circulation currency. The .999 fine, fractional-weight format places it squarely in the mini-gold market that expanded aggressively through European distributors in the 2000s, targeting Catholic collector demographics particularly in Germany and Austria.

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