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20 Dollars Reiwa
| Issuer | Palau |
|---|---|
| Year | 2019 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | 65 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
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| Edge | Reeded |
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| Additional information |
Palau has operated a prolific commemorative program since the 1990s, striking coins almost exclusively for the collector market under licensing arrangements that have little to do with the island nation's actual monetary system — the country uses the US dollar for everyday commerce. The KM#844 designation places this squarely within that output.
The "Reiwa" reference marks the Japanese imperial era that began May 1, 2019, when Emperor Naruhito ascended following Akihito's abdication — the first voluntary abdication in over two centuries. Palau's geographical and economic proximity to Japan made it a natural, if opportunistic, issuer for commemoratives targeting that market.