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20 Dollars Ecstasy of Saint Teresa

Issuer Republic of Palau
Year 2021
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Shape Round
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Obverse lettering ETERNAL SCULPTURES 'CUPID AND PSYCHE' ETERNAL SCULPTURES 'TRE GRAZIE' ETERNAL SCULPTURES 'VENUS DE MILO' REPUBLIC OF PALAU RAINBOW'S END ETERNAL SCULPTURES 'LEDA AND THE SWAN' ETERNAL SCULPTURES 'RAPE OF PROSERPINA' 20 DOLLARS
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Edge Reeded
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Additional information

Palau has built one of the more aggressive bullion-art programs of any small Pacific issuer, regularly licensing European religious and classical imagery for large-format silver releases aimed squarely at the collector market rather than circulation. This piece references Bernini's 1652 marble sculpture in the Cornaro Chapel, Rome — a work commissioned by Cardinal Federico Cornaro that sparked controversy even in its own century for the ambiguity of its devotional intensity.

At 155.5 g these issues are essentially sculptural objects sold on the secondary market at multiples of melt. Palau's GDP makes any pretense of domestic monetary use implausible.

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