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5 Dollars Pearl Oyster 2

Issuer Republic of Palau
Year 2007
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Technique Coloured, Inlaid, Milled
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Obverse description The obverse features the national coat of arms of the Republic of Palau rendered in high relief at centre, depicting a traditional Palauan figure and a mermaid within a decorative shield, surmounted by a traditional sailing canoe. The legend REPUBLIC OF PALAU arcs along the upper periphery, flanked on both sides by five-pointed stars. The inscription RAINBOW'S END appears within the lower portion of the shield, and 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's marine-themed silver program, running through the mid-2000s, was issued under licensing arrangements that effectively outsourced both design and distribution to European numismatic marketing firms — the coins were legal tender in Palau but were never intended to, and never did, circulate there. This is the second pearl oyster issue in that series, distinguished from the 2004 predecessor by subtle design revisions driven by distributor feedback rather than any numismatic or monetary consideration.

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