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50 Dollars Battle of Midway

Issuer Republic of the Marshall Islands
Year 1992
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Weight 31.1 g
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Obverse description The obverse displays the official state seal of the Republic of the Marshall Islands centrally positioned within the field, depicting a spread-winged frigate bird above a traditional Marshallese outrigger canoe on water, flanked by palm trees to the left and a fishing net to the right, with a radiant sun above. A ribbon at the base of the seal bears the word SEAL. The design is framed by a decorative chain border, with the legend REPUBLIC OF THE MARSHALL ISLANDS arcing along the upper periphery, the denomination $50 at the left, the date 1992 at the right, and the national motto JEPILPILIN KE EJUKAAN along the lower border.
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Mintage 1992
Additional information

The Marshall Islands sit roughly 1,300 miles northwest of Midway Atoll, close enough that the June 1942 battle was not an abstraction for the islanders — the archipelago was under Japanese occupation at the time and would remain so until 1944. The Republic began issuing commemorative coinage aggressively in the late 1980s and early 1990s, often working through the Franklin Mint on pieces aimed squarely at the American collector market rather than domestic circulation.

KM#92 is one of dozens of issues from this period, struck in a legal tender denomination that was never intended to function as currency.

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