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 part of the specially shaped Skulls collection by CIT.
The Mint says about it: Following CIT’s successful Skull series, this edition is about the bikers that have helped make skulls a popular cultural icon. Bikers revel in the reputation of being tough guys and being wild and free driving along on the lonesome highways. Despite having the appearance of being dangerous and scary, most are reliable, loyal mates who help whenever needed and foster friendships. A special shape combined with CIT’s smartminting high relief technology produced an incredible, three-dimensional relief and captures the spirit of the biker. With an eagle tattoo on his head and a robust beard and moustache, this skull has a unique look compared to the others of this popular series. Long live freedom! |