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20 Dollars Seoul
| Issuer | Republic of Palau |
|---|---|
| Year | 2024 |
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| Reference(s) | KM#1037 |
| Obverse description | The obverse depicts a detailed high-relief rendering of the Banghwa Bridge spanning the Han River, with finely engraved wave patterns filling the lower field. A traditional Korean pavilion appears in the upper left, set among trees. In the upper right, the coat of arms of the Republic of Palau is rendered in relief within a circular legend reading REPUBLIC OF PALAU, with the denomination 20$ beneath. A stylized red arc, applied in translucent enamel, appears in the river below the bridge, evoking the Seoul city branding smile motif. The inscriptions SEOUL and the Korean characters 사랑해요 (meaning I love you) appear in the lower field. |
|---|---|
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| Obverse lettering | REPUBLIC OF PALAU RAINBOW'S END 20$ SEOUL 사랑해요 |
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| Additional information |
Palau has operated a prolific commemorative coin program since the early 1990s, contracting production almost entirely to European mints — primarily in Austria and Germany — while maintaining nominal issuing authority under Palauan law. The country uses the U.S. dollar as its actual currency, so these large silver pieces circulate nowhere and exist purely as collector objects licensed through the government.
The Seoul issue belongs to a city-series format that has become a recurring commercial vehicle for several Pacific island issuers over the past decade. KM#1037 places it within a catalog that now runs to four-digit reference numbers — a figure that speaks to the sheer volume of Palauan commemorative output since independence in 1994.