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10 Dollars Fiat - G91Y

Issuer Republic of the Marshall Islands
Year 1995
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Currency Dollar (1986-date)
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Obverse script Latin
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Edge Reeded
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Additional information

The Marshall Islands began issuing collector-oriented legal tender coinage in the late 1980s through a licensing arrangement with the private firm Medallic Art Company, producing brass and clad pieces in quantities driven entirely by collector demand rather than any domestic monetary need. The $10 denomination was never intended to circulate — the islands' functional currency has always been the US dollar.

KM#239 is one of dozens of themed issues the RMI released throughout the 1990s, a program that drew sustained criticism from numismatic bodies for blurring the line between coins and medals.

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