Catalog
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| Issuer | Marshall Islands |
|---|---|
| Year | 1998 |
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| Value | 5 Dollars (5 USD) |
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| Obverse description | The obverse displays the National Seal of the Republic of the Marshall Islands rendered in fine detail at center, depicting a frigate bird with outstretched wings above a traditional Marshallese stick chart, flanked by a coconut palm to the left and a sailing canoe to the right, with a radiant sun above. The seal is enclosed within a decorative chain border. The upper legend reads REPUBLIC OF THE MARSHALL ISLANDS, with the denomination $5 to the left and the date 1998 to the right; the lower legend reads JEPILPILIN KE EJUKAAN, the national motto, while the word SEAL appears on a ribbon device at the base of the central device. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
The USS Monitor, commissioned in February 1862, fought the CSS Virginia (formerly USS Merrimack) to a tactical draw at Hampton Roads in March of that year — the first engagement between iron-hulled warships in naval history. The battle effectively ended the era of wooden warships overnight, rendering every major navy's fleet obsolete simultaneously. Monitor herself sank in a storm off Cape Hatteras that December, taking sixteen crew members with her.
Marshall Islands issued dozens of these commemorative five-dollar copper-nickel pieces through the 1990s, many tied to American military history. Collector saturation from that decade-long program keeps secondary market values modest.