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1 Dollar Parrot Fish
| Issuer | Republic of Palau |
|---|---|
| Year | 2006 |
| Type | Log in to see details |
| Value | 1 Dollar (1 USD) |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The entire central field is occupied by a vivid full-color applied image depicting a close-up view of a parrotfish swimming amid a vibrant coral reef environment, rendered in rich hues of blue, turquoise, red, yellow, and green. Additional marine fauna, including smaller tropical fish and coral formations, are visible in the colorful background, evoking the biodiversity of Palauan waters. The legend 'MARINE LIFE PROTECTION' arcs along the upper periphery in raised Latin lettering within a beaded border. The naturalistic coloring technique gives the reverse a striking pictorial quality consistent with the Marine Life Protection commemorative series. |
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| Edge | Reeded |
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| Additional information |
Palau's dollar coinage program, launched in 1994, exploited a gap in international numismatic law: as a sovereign nation in Compact of Free Association with the United States, Palau could issue legal tender coins without operating a traditional monetary system — the US dollar circulates domestically, so these pieces were never intended for commerce. The Marine Life Protection series, of which this parrotfish issue is a part, was produced specifically for the collector export market.
The parrotfish is ecologically central to Palauan reef systems, where it grazes on coral and produces the fine white sand for which the archipelago is known.