5 Dollars In Memory of Princess Diana

Liberia's Central Bank issued a wave of commemorative five-dollar pieces throughout the late 1990s targeting the collector market almost exclusively — coins like this one were never intended for circulation and were sold directly to overseas distributors. Diana died in Paris on 31 August 1997, and within months mints serving small-nation licensing arrangements were producing commemoratives at volume. Liberia had no particular connection to Diana; the issuing authority was essentially a vehicle for the global memorial coin trade that flooded the market in 1997–98.

KM# 706 is one of several Diana pieces Liberia issued that year under different compositions and finishes.