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5 Dollars Ötscher

Issuer Republic of Palau
Year 2009
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Currency Dollar of the United States (1992-date)
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Obverse description The obverse displays the national coat of arms of Palau at center, depicting Neptune seated and holding a trident, accompanied by a mermaid, with a treasure chest at left, crescent moon and sunburst above, and the legend RAINBOW'S END on a scroll at the base of the shield. A figure paddling a traditional canoe appears above the shield. The circular legend REPUBLIC OF PALAU arcs along the upper rim, flanked by a ring of eight stars. The denomination 5$ is inscribed at the bottom of the field.
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Reverse script Latin
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Additional information

Palau has issued commemorative silver dollars under U.S. dollar parity since 1992, leveraging a Compact of Free Association with the United States that allows the island nation to use the USD while independently issuing collector coinage. The Ötscher — a limestone massif in Lower Austria reaching just over 1,893 meters — is an odd subject for a Pacific island mint, but Palau's commemorative program has long sold primarily into the European collector market, and Austrian alpine subjects move reliably through that channel.

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