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5 Dollars To the Heroes of the Battle of Midway

Issuer Marshall Islands
Year 1992
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Weight 27.22 g
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Obverse description The national seal of the Republic of the Marshall Islands occupies the central field, featuring a traditional stick chart navigation device flanked by a frigate bird with outstretched wings at center, with a radiant sun above, a traditional outrigger canoe to the right, and an atoll with palm trees to the left. The denomination '$5' appears to the left and the date '1992' to the right within the inner border. The legend 'REPUBLIC OF THE MARSHALL ISLANDS' arcs along the upper periphery, while the Marshallese national motto 'JEPILPILIN KE EJUKAAN' curves along the lower periphery, all enclosed within a decorative chain border.
Obverse script Latin
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Additional information

The Marshall Islands sits roughly 1,300 miles from Midway Atoll, yet the connection is not arbitrary — the June 1942 battle was fought in the Central Pacific, and Marshallese territory was under Japanese occupation at the time. The commemorative program the Marshall Islands launched in the early 1990s relied heavily on American military themes, partly as a commercial venture targeting U.S. collectors, and partly reflecting the islands' post-independence relationship with Washington under the Compact of Free Association signed in 1986.

The battle itself destroyed four Japanese fleet carriers in four days, a loss from which the Imperial Japanese Navy never strategically recovered.

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