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1 Dollar Racing

Issuer Republic of Palau
Year 2023
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Orientation Medal alignment ↑↑
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Obverse description The obverse bears the national arms of the Republic of Palau at centre, depicting a traditional Palauan bai (meeting house) surmounted by a frigate bird above a quartered shield supported by two figures, all enclosed within a circular legend. The arc inscription 'REPUBLIC OF PALAU' appears in the upper field, flanked by five-pointed stars on either side, with the mint name 'RAINBOW'S END' inscribed on a scroll within the arms. The denomination '1$' is placed in the lower field below the arms. The entire design conforms to the irregular racing-car-shaped flan.
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Reverse description The reverse presents a stylised vintage open-wheel racing car rendered in bold incuse line work against a silk-finish gold field, the planchet itself shaped to silhouette the vehicle. The car bears the racing number '12' on its elongated nose cowling and carries a helmeted driver numbered '11' seated in the open cockpit. Large spoked wheels with detailed hub and tyre treads are depicted at front and rear, with dynamic speed lines engraved along the bodywork to convey motion. No inscriptions appear on this face; the design fills the entire irregular field to the shaped edge.
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Additional information

Palau's recurring licensed motorsport issues occupy a peculiar corner of the modern numismatic market — legal tender by technical designation, collectible by actual function, and essentially never circulated. The 0.5g gold format places this among the smallest practical gold coins produced by any Pacific island issuing authority, a format Palau has leaned on heavily since the 1990s to sustain a collector-driven revenue stream that dwarfs anything its fishing license fees generate.

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