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5 Dollars Ferrari: 60 Years Anniversary
| Issuer | Palau |
|---|---|
| Year | 2007 |
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| Composition | Log in to see details |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | The obverse displays the national coat of arms of Palau at center, featuring a crowned Neptune seated upon waves and holding a trident, accompanied by a mermaid to his right, all within an ornate shield. A traditional Palauan canoe appears above the shield. Eight five-pointed stars are arranged in a ring around the shield, flanking the design. The circular legend REPUBLIC OF PALAU arcs along the upper periphery, while the denomination 5$ appears in the lower field beneath the shield. The motto RAINBOW'S END is inscribed within the lower portion of the shield. |
|---|---|
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| Mintage | 2007 - Proof - 2,500 |
| Additional information |
Palau has issued commemorative silver for decades under licensing arrangements that essentially turn the country's minting authority into a vehicle for themed collectibles. This 2007 piece marks the sixtieth anniversary of Ferrari's founding by Enzo Ferrari in Maranello in 1947 — a company that began as a racing operation and only reluctantly entered road car production to fund its motorsport ambitions.
The .500 fineness is notably low for a modern commemorative silver issue, a cost-reduction choice common among Pacific island licensing programs of this period.