Catalog
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| Issuer | Palau |
|---|---|
| Year | 1999 |
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| Diameter | 38.6 mm |
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| Obverse description | Central device depicts a large steam-assisted sailing vessel rendered in high relief, shown in three-quarter view sailing on stylized waves, with smoke billowing from its funnel and rigging visible on multiple masts. The ship is characteristic of late 19th-century colonial-era steamships. The curved legend REPUBLIC OF PALAU arcs around the upper field, with the date 1999 to the right. The denomination 5$ appears in the lower field beneath the ship. The entire design is contained within a beaded border. |
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| Reverse description | Central device depicts the colonial coat of arms of German New Guinea in high relief, featuring a quartered shield with a spread eagle occupying the upper half and a bird of paradise displayed in the lower half. A ribbon banner inscribed NEU-GUINEA arches above the shield. The legend DEUTSCH to the left and NEU-GUINEA to the right flank the arms in the outer field. The design is enclosed within a beaded border. |
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| Additional information |
Palau's late-1990s commemorative program leaned heavily on the legacy of German colonial Pacific territories — a subject with essentially no connection to Palau itself. German New Guinea, administered by the Neu-Guinea Kompagnie from 1885 before the German imperial government assumed direct control in 1899, collapsed entirely when Australian forces seized the territory within weeks of the First World War's outbreak in 1914. Palau issued this piece under its post-Compact of Free Association authority, using New Zealand and foreign mints to produce collector silver marketed almost entirely to the European market.