The Marshall Islands began issuing non-circulating legal tender commemoratives in the late 1980s largely as a revenue-generating exercise, contracting production to foreign mints and targeting the collector market almost exclusively. KM#156 is part of that wave — brass issues produced cheaply and sold at significant premiums over face value through direct mail and coin dealer networks that dominated the American collector market in the early 1990s.
The Marshall Islands began issuing non-circulating legal tender commemoratives in the late 1980s largely as a revenue-generating exercise, contracting production to foreign mints and targeting the collector market almost exclusively. KM#156 is part of that wave — brass issues produced cheaply and sold at significant premiums over face value through direct mail and coin dealer networks that dominated the American collector market in the early 1990s.