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5 Dollars - Elizabeth II Formula 1

Issuer Central Bank of Solomon Islands
Year 2016
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Value 5 Dollars
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Reverse description The large stylised Formula 1 logo dominates the upper central field, with the wordmark 'Formula 1®' inscribed beneath it in italic lettering. Below, a detailed outline engraving of a contemporary Formula 1 racing car is depicted in three-quarter front view, conveying a sense of speed and motion. The inscription '999.0 FINE SILVER 2.5 OZ' appears in the lower central field beneath the car. Encircling the entire design along the rim, separated by raised dots, are the names of twenty Formula 1 Grand Prix circuits: MELBOURNE, SAKHIR, SHANGHAI, SOCHI, CATALUNYA, MONTE CARLO, MONTRÉAL, BAKU, SPIELBERG, SILVERSTONE, BUDAPEST, SPA-FRANCORCHAMPS, MONZA, SINGAPORE, KUALA LUMPUR, SUZUKA, AUSTIN, MEXICO CITY, SÃO PAULO, YAS MARINA, and HOCKENHEIM.
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Reverse lettering · MELBOURNE · SAKHIR · SHANGHAI · SOCHI · CATALUNYA · MONTE CARLO · MONTRÉAL · BAKU · SPIELBERG · SILVERSTONE · BUDAPEST · SPA-FRANCORCHAMPS · MONZA · SINGAPORE · KUALA LUMPUR · SUZUKA · AUSTIN · MEXICO CITY · SÃO PAULO · YAS MARINA · HOCKENHEIM F1 Formula 1® 999.0 FINE SILVER 2.5 OZ
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Additional information

Issued under the Solomon Islands' long-running program of themed commemorative coinage, this piece was struck by the Münze Österreich — the Austrian Mint — which has produced the bulk of the island nation's collector issues since the 1990s. The arrangement is straightforwardly commercial: Pacific microstates with minimal domestic minting infrastructure license their monetary authority to generate foreign exchange through numismatic sales, and Formula 1 licensing rights for collectible coinage have been aggressively marketed across multiple issuing authorities simultaneously during this period.

KM# 700 falls within a series that also covered individual circuits and drivers, with distribution handled primarily through the European secondary market rather than the Solomon Islands themselves.

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