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1 Dollar Sailboat

Issuer Republic of Palau
Year 2021
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Obverse description The obverse displays the national emblem of the Republic of Palau in low relief at centre, rendered in a matte silk finish against the shaped field. The emblem, comprising a traditional Palauan bai motif within a circular device, is flanked by small five-pointed stars arranged in an arc. The curved Latin legend REPUBLIC OF PALAU runs above the emblem, while the denomination 1$ appears in the lower field. The entire composition conforms to the irregular sailboat outline of the flan.
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Mintage ND (2021) - Silk finish - 15,000
Additional information

Palau's dollar-denomination gold issues occupy an odd corner of the market — legal tender of a nation whose currency is actually the U.S. dollar, struck under licensing arrangements that have made the island republic one of the most prolific issuing authorities in the modern commemorative trade. The 0.5g format was popularized largely to offer a gold coin at accessible retail price points, a commercial decision dressed in sovereign packaging.

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