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50 Dollars Christmas
| Issuer | Republic of the Marshall Islands |
|---|---|
| Year | 1993 |
| Type | Log in to see details |
| Value | 50 Dollars (50 USD) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | The reverse presents a finely rendered Madonna and Child motif in high relief, depicting a haloed Virgin Mary gazing tenderly downward at the infant Jesus, who is also nimbed and reaches up toward her face. The composition is intimate and devotional in character, inspired by classical Renaissance iconography. The word 'CHRISTMAS' arcs in widely spaced capital letters along the upper border. The denomination 'FIFTY DOLLARS' is inscribed in two lines to the lower left of the central figural group, and the date '1993' appears in large numerals along the lower rim. |
| Reverse script | Latin |
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| Additional information |
The Marshall Islands' aggressive commemorative coin program of the late 1980s and early 1990s was driven less by numismatic tradition than by a deliberate revenue strategy — the republic had adopted the US dollar as its currency and lacked any domestic monetary infrastructure, making commemorative issues one of the few tools available for generating independent income. By 1993, the program had produced dozens of themes, Christmas among the recurring ones. Collector fatigue set in quickly, and secondary market premiums collapsed within years of issue.