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 the internationally popular half gram (0.5g) of gold collector format.
The Golden Magical Lamp is part of the large Golden Highlights series of specially shaped gold mini-coins by CIT Coin Invest.
The mint says about it:
This mystical coin captures the spirit of the collection of fairy tales called 1001 Nights. Almost everyone is aware of one of the most famous stories that is called Aladdin’s Wonderful Lamp. That story is about finding a magical lamp that would grant you all your wishes! Of course, the very famous animated movie featuring Aladdin and his lamp helped bring the story to more modern audiences.
The coin is shaped like a bronze lamp. Like all other gold half grams in the special shapes series, the date of issue is not written on the coin. | 
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