Palau has issued commemorative silver rounds under its licensing agreements with major entertainment properties since the 1990s, exploiting its status as a sovereign issuer to produce legal-tender collector pieces with no expectation of circulation. The Disney licensing arrangement that covers this type is notably broad, allowing third-party minting houses — typically European — to produce these on Palau's behalf with only nominal involvement from the island nation itself.
KM#964 is a bullion-weight two-ounce piece aimed squarely at the themed collector market rather than numismatists proper.
Palau has issued commemorative silver rounds under its licensing agreements with major entertainment properties since the 1990s, exploiting its status as a sovereign issuer to produce legal-tender collector pieces with no expectation of circulation. The Disney licensing arrangement that covers this type is notably broad, allowing third-party minting houses — typically European — to produce these on Palau's behalf with only nominal involvement from the island nation itself.
KM#964 is a bullion-weight two-ounce piece aimed squarely at the themed collector market rather than numismatists proper.