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1 Dollar Ulysses Butterfly

Issuer Palau
Year 2008
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Orientation Medal alignment ↑↑
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Obverse description The national coat of arms of Palau occupies the central field, depicting a traditional bai (meeting house) above waves, flanked by a figure of a sea god holding a trident and a mermaid, with a frigate bird and outrigger canoe surmounting the shield. Eight five-pointed stars are arranged around the rim, flanking two curved ornamental lines in the lower field. The circular legend 'REPUBLIC OF PALAU' arcs along the upper rim, the series inscription 'RAINBOW'S END' appears below the shield, and the denomination '1 $' is inscribed in the lower field.
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Reverse script Latin
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Additional information

Palau has issued novelty fauna-themed coinage since the late 1990s under licensing arrangements that effectively outsource design and distribution to overseas minting houses — the coins are legal tender in name but were never intended for domestic circulation in a country whose own currency is the US dollar. The Ulysses butterfly series belongs to this collector-market pipeline, produced for international sale rather than any local monetary function.

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