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5 Dollars Topaz

Issuer Republic of Palau
Year 2012
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Shape Round
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Obverse description The coat of arms of the Republic of Palau is displayed prominently in the center of the obverse, depicting a traditional Palauan outrigger canoe above the shield, which contains the figure of a crowned Neptune holding a trident alongside a mermaid, with an open treasure chest at their feet amid stylized ocean waves. The legend REPUBLIC OF PALAU arcs along the upper periphery in raised Latin lettering, while the denomination 5$ appears in the lower field. Eight five-pointed stars are evenly spaced around the inner border of the coin. The inscription RAINBOW'S END appears within the lower portion of the shield, referencing the series theme.
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Obverse lettering REPUBLIC OF PALAU RAINBOW'S END 5$
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Additional information

Palau has issued an extensive run of gemstone-inset commemoratives since the early 2000s, largely produced by the Austrian Mint on contract. This topaz issue is part of that broader program — collector-oriented from inception, never intended for circulation in a country whose de facto currency is the US dollar and whose domestic coin use is effectively nil.

Topaz insets in coins of this type are typically heat-treated stones of Brazilian or Pakistani origin set into the planchet before striking.

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