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5 Dollars Evil Eye

Issuer Republic of Palau
Year 2020
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Shape Round
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Obverse script Latin
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Reverse description The reverse presents a highly stylized representation of the Evil Eye (nazar) amulet rendered in vivid blue and turquoise polychrome coloring, occupying the majority of the coin's field. The eye motif is composed of concentric circular zones — a dark black pupil at center, surrounded by an intricate turquoise floral mandala, encircled by a silver ring with engraved scroll work, and framed by a deep cobalt blue iris filled with elaborate arabesques. The surrounding field, depicting the white of the eye and outer border, is finely engraved with dense foliate and scrollwork patterns in silver relief. The date 2020 is inscribed in the lower right portion of the field.
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Additional information

Palau has carved out a consistent niche in the commemorative coin market by issuing pieces tied to superstition, folklore, and protective symbolism — a deliberate commercial strategy targeting collectors in Southern and Eastern Europe, where the evil eye (mal occhio, nazar, ayin hara) carries genuine cultural weight. The 2020 issue is part of a broader series rather than a standalone release.

KM#855 cross-references a catalog entry, but Palau's prolific output of themed bullion — authorized under its sovereign minting rights despite having no domestic mint — means many of these pieces were struck by private European mints under contract.

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