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5 Dollars - Elizabeth II Formula 1

Issuer Central Bank of Solomon Islands
Year 2016
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Orientation Medal alignment ↑↑
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Reverse script Latin
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Mintage 2016 - Proof - 5,000
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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