Catalog
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| Issuer | Marshall Islands |
|---|---|
| Year | 1998 |
| Type | Non-circulating coin |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | REPUBLIC OF THE MARSHALL ISLANDS $5 1998 SEAL JEPILPILIN KE EJUKAAN |
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| Reverse script | Latin |
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| Additional information |
The Marshall Islands began issuing commemorative coinage in the late 1980s under authority granted by its Compact of Free Association with the United States, a political arrangement that gave the young republic monetary flexibility without its own central bank. These issues were never intended for circulation — the Marshall Islands uses the U.S. dollar in daily commerce — making the entire series essentially a licensed souvenir program sold to collectors worldwide.
The 1957 Bel Air remains one of the most recognizable American automobiles, its production year coinciding with what many automotive historians consider Detroit's commercial peak before federal safety and emissions regulation reshaped the industry in the following decade.