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1 Dollar St. Francis of Assisi, colored
| Issuer | Republic of Palau |
|---|---|
| Year | 2008 |
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| Currency | Dollar of the United States (1992-date) |
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| Obverse description | The Coat of Arms of the Republic of Palau occupies the central field, rendered in fine relief within a shield-shaped cartouche depicting a traditional sailing canoe above and two figures — a male holding a trident and a female seated — amid marine imagery in the lower portion, with the motto RAINBOW'S END inscribed in the exergue of the shield. Eight six-pointed stars are arranged in an arc flanking the coat of arms. The curved legend REPUBLIC OF PALAU runs along the upper periphery, and the denomination 1$ appears at the base of the coin. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Palau's legal tender coinage program, launched in the 1990s, was entirely export-driven — these pieces were never intended to circulate and were sold directly to the collector market through licensed distributors. The Saint Francis issue sits within a long series of small-format gold devotional coins targeting European Catholic collectors, a demographic Palau's licensing partners identified early as reliably profitable.
At 1.24 g of .990 fine gold, the actual bullion content is negligible. The commercial logic was margin on novelty, not metal value.