Catalog
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| Issuer | Palau |
|---|---|
| Year | 2004 |
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| Composition | Log in to see details |
| Weight | 26.8 g |
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| Obverse description | A seated mermaid figure occupies the central field, adorned with shells as a bodice, evoking the marine mythology associated with the Pacific Ocean. The surrounding legend arcs along the upper periphery within a beaded border. The date and denomination appear in the field to the right of the central motif. The overall design reflects the artistic style characteristic of Palau's Marine Life Protection commemorative series. |
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| Edge | Reeded |
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| Additional information |
Palau began issuing dollar-denomination collector coins in the late 1990s under licensing arrangements common among small Pacific island states with limited domestic monetary infrastructure — the coins are legal tender in name but were never intended for circulation. The sea turtle series specifically tracked growing international interest in marine conservation coinage, a niche that Pacific issuers exploited aggressively through the early 2000s.
KM#124 is a copper-nickel issue in a series that also produced silver variants; the two are sometimes conflated in dealer listings.