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5 Dollars Volcano
| Issuer | Republic of Palau |
|---|---|
| Year | 2006 |
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| Composition | Log in to see details |
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| Diameter | 38.61 mm |
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| Obverse description | The obverse displays the national coat of arms of Palau at centre, depicting a crowned Neptune figure holding a trident, seated beside a mermaid amid ocean waves, with a crescent moon and star above, all within an ornate shield. Above the shield, a traditional Palauan canoe appears in the upper field. The legend REPUBLIC OF PALAU arcs along the upper periphery, flanked by six stars on each side. 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. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Palau began issuing collector-oriented silver dollars in the 1990s under licensing arrangements that effectively outsourced the program to foreign minting agencies — the coins have no domestic circulation function whatsoever, as Palau uses the US dollar for everyday commerce. This "Volcano" piece is part of a broader marine and natural world series that Palau leaned on heavily during the 2000s to generate numismatic export revenue, a common fiscal strategy among small Pacific island nations with limited sovereign income streams.