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2 Dollars Year of the Horse

Issuer Palau
Year 2014
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Technique Milled
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Obverse description The obverse displays the national coat of arms of the Republic of Palau at center, depicting a shield bearing a figure of a traditional Palauan navigator in a canoe above the waves, flanked by a sea deity holding a trident and a seated female figure, with a star and crescent above. The shield is surrounded by a decorative floral border. Eight five-pointed stars are arranged in a circular pattern around the shield in the field. The legend REPUBLIC OF PALAU arcs along the upper periphery, and the denomination 2$ appears in the lower field below the shield. The series inscription RAINBOW'S END is inscribed within the lower portion of the shield.
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Reverse lettering YEAR OF THE HORSE 2014
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Additional information

Palau's lunar series coins are struck under license arrangements typical of the Pacific island mint-state model — the nation holds no meaningful silver reserves and conducts no minting operations of its own, with production contracted to foreign private mints serving the collector bullion market. The 2014 horse issue corresponds to the Year of the Horse in the sexagenary cycle, a year that also saw unprecedented demand for Chinese-themed numismatic products driven by mainland collector expansion into Pacific-issued silver.

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