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10 Dollars Elvis Presley

Issuer Marshall Islands
Year 1997
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Currency Dollar (1986-date)
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Obverse description The national arms of the Republic of the Marshall Islands occupies the central field, featuring the traditional seal design with a frigate bird, a rising sun, and surrounding atoll imagery. A circular legend at the top reads REPUBLIC OF THE MARSHALL ISLANDS, with the denomination $10 and date 1997 positioned below. The Marshallese national motto KE JEPILPILIN KE EJUKAAN appears along the lower portion of the legend, encircling the arms device.
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Obverse lettering REPUBLIC OF THE MARSHALL ISLANDS $10 1997 KE JEPILPILIN KE EJUKAAN
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Additional information

The Marshall Islands began issuing commemorative dollar coinage in the late 1980s under legislation that was frankly designed to generate revenue rather than serve any domestic monetary function. These pieces never circulated on the islands. The Elvis issue appeared two decades after his death in 1977, during a period when licensing deals through Elvis Presley Enterprises were generating more annual revenue than Presley earned in his lifetime — EPE was extraordinarily aggressive in approving exactly this kind of product.

KM#365 is one of several Elvis denominations struck for the Marshall Islands series that year.

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