Gold Ounce (1 oz), Coin Type from Palau - detailed information

Gold Ounce (1 oz), Coin Type from Palau (issued 2018 - )
Coin TypeGold Ounce (1 oz)

The Republic of Palau is an island country in the western Pacific, in free association with the United States. In one way or another, the country has been under US administration since it was established, and has never had its own separate currency - it has always used the US Dollar. However, Palau allows some foreign mints to issue coins under its authority; these are denominated in US Dollars but are only legal tender in Palau, so can in a way be considered to be in "Palau Dollars", even though such a currency does not officially exist.

The coins are usually dedicated to historical or general popular culture themes not related to the country itself. Many of them are in standard bullion sizes, including the internationally popular one troy ounce of gold format.

Obverse
Palau / Gold Ounce (1 oz) - obverse photo

The obverse of the coin features the unofficial "Emblem of Palau" used on much of the country's coinage. It has an ornate shield at centre, on which is depicted the sea god Neptune, crowned and seated on a round stone and holding a trident in his left hand; on the right, a bare breasted mermaid; on the left, a treasure chest. The ground is a beach, featuring waves and a starfish. Above Neptune, a star. Below the waves, the inscription RAINBOW'S END. Above the shield is a native rowing in a single-outrigger canoe.

Around above, surrounded by three stars on the left and three stars on the right, the name of the country: *** REPUBLIC OF PALAU ***.

Below, the face value $200 (five dollars).

Obverse Inscription *** REPUBLIC OF PALAU *** $200
Reverse
Palau / Gold Ounce (1 oz) - reverse photo

Various designs as listed individually below.

Reverse Inscription
EdgeMilledEdge InscriptionNone
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Gold Ounce (1 oz): Details
CountryPalau
CurrencyPalau Dollar
From2018
Face Value200 (x Dollar)
CurrentYes
MaterialGold
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size
Mass31.1000 g
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