1 Dollar Saint James Minor

Palau's dollar-denomination collector series issued through the late 2000s were produced under licensing arrangements with international minting houses — the coins were legal tender in name but never intended for circulation on an island nation whose de facto currency is the US dollar. The Saint James Minor issue belongs to a religious apostle series that Palau, a predominantly Catholic country, had particular cultural reason to commission.

KM#271 was struck in silver-plated copper-nickel rather than fine silver, placing it firmly in the lower tier of this series.