The Marshall Islands began issuing brass collector dollars in the late 1980s under a self-financing program that relied almost entirely on foreign coin buyers rather than domestic circulation. These pieces were never intended to pass through local hands — the islands' actual transactional currency was, and remains, the U.S. dollar.
KM#415 is one of dozens of thematic issues the RMI produced through this period, licensed through private minting arrangements with facilities in the continental United States.
The Marshall Islands began issuing brass collector dollars in the late 1980s under a self-financing program that relied almost entirely on foreign coin buyers rather than domestic circulation. These pieces were never intended to pass through local hands — the islands' actual transactional currency was, and remains, the U.S. dollar.
KM#415 is one of dozens of thematic issues the RMI produced through this period, licensed through private minting arrangements with facilities in the continental United States.