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50 Dollars Mercury

Issuer Marshall Islands
Year 1994
Type Non-circulating coin
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Obverse lettering REPUBLIC OF THE MARSHALL ISLANDS SEAL $50 JEPILPILIN KE EJUKAAN 1994
(Translation: Accomplishment Through Joint Effort)
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Mintage 1994 S - Proof - 25,000
Additional information

The Marshall Islands established its commemorative coinage program in the late 1980s largely as a revenue instrument — coins struck for foreign collectors rather than domestic circulation. This 1994 issue honors the Mercury space program, NASA's first human spaceflight effort, which ran from 1958 to 1963 and put six Americans into space before handing off to Gemini.

The $50 face value is a legal fiction; no Marshall Islander was spending these at face.

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