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| Issuer | Republic of the Marshall Islands |
|---|---|
| Year | 1993 |
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| Value | 50 Dollars (50 USD) |
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| Obverse description | The national seal of the Republic of the Marshall Islands occupies the central field, depicting a frigate bird with outstretched wings above a traditional Marshallese stick chart, flanked by palm trees to the left and a traditional outrigger sailing canoe to the right. Above the seal, crossed traditional implements flank a radiant sun. The entire design is encircled by a decorative chain border, with the legend REPUBLIC OF THE MARSHALL ISLANDS arcing along the upper periphery, the denomination $50 to the left, and the date 1993 to the right. The Marshallese national motto JEPILPILIN KE EJUKAAN arcs along the lower periphery. |
|---|---|
| Obverse script | Latin |
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| Additional information |
The Marshall Islands began issuing commemorative coinage in 1986 under a licensing arrangement that generated controversy almost immediately — critics noted the island nation had no meaningful numismatic tradition and that the program existed primarily as a revenue vehicle aimed at foreign collectors rather than domestic circulation. By the early 1990s, dozens of themes had been issued in rapid succession, diluting secondary market values significantly.
KM#117 was struck at the U.S. Mint's facilities under contract, as the Marshall Islands maintained no domestic minting capability.