Catalog
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| Issuer | Marshall Islands |
|---|---|
| Year | 1998 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dollar (1986-date) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | A highly detailed relief depiction of a 1957 Chevrolet Bel Air sedan fills the central field, shown in a three-quarter front view that emphasizes the iconic chrome front grille, dual headlamps, and characteristic tail fins of this celebrated American classic automobile. The model identification inscription 1957 BEL AIR appears below the vehicle, accompanied by the Chevrolet bowtie emblem. The date 1998 is positioned prominently in the upper field, while the denomination legend FIVE DOLLARS curves in large raised letters along the lower periphery against a dark, smooth field. |
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| Edge | Reeded |
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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.