Catalog
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| Issuer | Palau |
|---|---|
| Year | 2014 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | 31.3 g |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | REPUBLIC OF PALAU RAINBOW'S END 5$ |
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| Additional information |
Palau has issued devotional silver coins under licensing arrangements since the 1990s, producing pieces tied to religious sites and figures from traditions worldwide — a revenue strategy that draws on the country's status as a sovereign issuer with minimal domestic coinage needs. Lord Venkateswara, the form of Vishnu enshrined at Tirumala in Andhra Pradesh, presides over one of the wealthiest and most-visited pilgrimage sites on earth; the Tirumala Tirupati Devasthanams trust collects gold offerings alone in quantities that routinely exceed a tonne per year.