1 Dollar Saint Peter

Palau has issued collector-focused dollar pieces under licensing arrangements since the 1990s, largely targeting the thematic novelty market rather than domestic circulation — the republic's actual transactional currency is the US dollar. The Saint Peter issue is part of a long-running series devoted to Christian saints, produced in large volumes for the souvenir and gift trade through European distribution networks.

Silver-plated copper-nickel rather than struck silver, which places it firmly outside bullion collecting.