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5 Dollars Old Town of Salzburg

Issuer Republic of Palau
Year 2016
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Orientation Medal alignment ↑↑
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Obverse description Central field features the coat of arms of Palau — a shield-shaped escutcheon depicting a traditional scene with a figure holding a trident, a sailing vessel, and ocean waves rendered in relief. Eight five-pointed stars encircle the shield at intervals. The legend REPUBLIC OF PALAU arcs along the upper periphery in raised Latin lettering. The inscription RAINBOW'S END appears within the lower portion of the shield area, and the denomination 5$ is inscribed in the lower field beneath the escutcheon.
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Edge Reeded
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Additional information

Palau's collector coin program has, since the late 1990s, operated essentially as a licensing arrangement — the island nation issues legal tender on behalf of foreign mints, almost entirely for the numismatic export market rather than domestic circulation. This piece is part of a UNESCO World Heritage Sites series, a format that numerous Pacific microstates have used to generate revenue through collectors in Europe and Asia.

Salzburg's Altstadt was inscribed on the UNESCO list in 1996, recognized largely for its Baroque architecture and the density of surviving medieval street plans within the city center.

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