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 large five troy ounces (5oz) of silver format.
This coin is part of the Tiffany Art series by CIT Coin Invest, and is dedicated to Isfahan.
The mint says about it: The 2020 Tiffany edition was released at WMF 2020 in Berlin and CIT was overwhelmed by the success of the limited 5 oz gold edition. Collectors and dealers have asked for further specifications besides the 2 oz antique finish edition which saw its final issue during that same show. Following this request, CIT is happy to announce TWO first time ever releases! A 5 oz black proof 65 mm edition partly gilded, limited to 555 pieces and a 3 oz proof 55 mm edition limited to 999 pieces.
Both magnificent pieces highlight the architectural wonder of Naghsh-e Jahan Square in Isfahan, Iran, also known as Imam Square. This UNESCO World Heritage site is one of the largest city centre squares in the world and a treasure of Persian architecture and art. The highly detailed relief honours the architecture of the Sheikh Lotfollah Mosque that is located on the east side of the city square. With its magnificent arches and tile work, it amazes all visitors.
The artful Tiffany style glass is beautifully integrated in this design. Smartminting makes it possible to combine the stunning details of the Tiffany series with a proof and black proof finish. This is cutting edge of modern minting and will excite coin lovers around the world. The contrast that you see between the black proof finish and the proof finish will show you how two different, yet equally beautiful coins with the same design can look! |