|Coin||Silver Ounce 2016 Skull No1|
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 silver.
This coin is the first release in the specially shaped Skulls collection by CIT.
The Mint says about it:
It doesn’t have to be cute and cuddly every time and these CIT issues are far from it. Skull No 1, made of one ounce of fine silver, not only has a unique shape. Its smartminting relief is also outstanding in the truest sense of the word and accentuated with an antique finish. The collector’s coin is rounded off with an eerily beautiful packaging.
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 $5 (five dollars).
Above, the purity of the metal, .999 (99.9%). Below, the date of issue 2016.
The design represents, in ultra high relief, a human skull.
There is no inscription.
Finish: antique, special shape, smartminting (Ultra High Relief).
CIT Item ID: 27800
Coins in the Skulls series include:
- 1 oz Silver Antique, Skull No 1, 2016
- 500g Silver Antique, Big Skull, 2017
- 1 oz Silver Antique, Pirate Skull, 2017
- 0.5 g Gold, Skull 2017
- 0.5 g Gold, Pirate Skull 2017
- 1 oz Gold, Pirate Skull - Blackbeard 2018
- 500g Silver Antique, Big Pirate Skull, 2018
- 1 oz Silver Antique, Catrina Skull 2018
- 0.5 g Gold Proof, Catrina Skull 2018
- 1 oz Silver Antique, Biker Skull 2019
- 0.5 g Gold Proof, Biker Skull 2019