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5 Dollars Year of the Dragon, gilded

Issuer Palau
Year 2012
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Currency Dollar of the United States (1992-date)
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Obverse description The coat of arms of the Republic of Palau occupies the central field, depicting a shield charged with a seated Neptune figure holding a trident, accompanied by a mermaid, an open treasure chest, and stylized waves, surmounted by a star. The shield is adorned with floral and beaded mantling. Above the arms, a traditional outrigger canoe with a paddler is depicted in the upper field. The legend REPUBLIC OF PALAU arcs along the upper periphery, with eight five-pointed stars distributed around the inner border. The inscription RAINBOW'S END appears in the lower portion of the shield, and the denomination 5$ is inscribed at the base of the coin.
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Obverse lettering REPUBLIC OF PALAU RAINBOW'S END 5$
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Additional information

Palau's dragon series belongs to a crowded field of Pacific island bullion-adjacent issues — small nations licensing their minting authority to European producers, typically Bavarian firms, for the Asian collector market. The 2012 release targeted Lunar New Year demand, with gilding applied post-strike to selected areas rather than plated uniformly, a technique that affects long-term surface stability under certain storage conditions.

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