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50 Dollars

Issuer Marshall Islands
Year 1986
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Currency Dollar (1986-date)
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Reverse description The reverse features a large, finely detailed depiction of a coconut with its husk and emerging palm frond occupying the right and central portion of the field, rendered in high relief with careful attention to surface texture. To the upper left, the legend COMPACT OF FREE ASSOCIATION is inscribed in three lines, with the date 1986 below in large numerals. The denomination FIFTY DOLLARS is engraved along the lower rim. The border is adorned with a ring of raised beads encircling the entire design.
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Edge Reeded
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Additional information

The Marshall Islands gained the authority to issue its own coinage in 1986 under the Compact of Free Association with the United States, which came into force that same year. This $50 gold piece was among the inaugural issues, struck to mark that transition to self-governance — but it was never legal tender in any practical sense, as the US dollar remained the circulating currency.

Produced in fractional gold at 7.78g of .9999 fine, the issue was aimed squarely at the collector market from the outset.