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.
The Great White Shark design is the first release in the Split Views collection by CIT Coin Invest.
The mint says about it:
Ever since the Steven Spielberg movie "Jaws", the thought of an encounter with a Great White Shark has terrified people for decades! This stunning coin will bring you right back to that movie where a surfer and the shark are the main actors.
When you look at this coin from the top, you will see a remarkable high relief fin coming out of the water. But the real magic happens when you flip this coin to the side where you quickly see the true beast that swims just below the surface!
CIT, the masters of double-sided ultra high relief smartminting technology, brings this coin to life in a perspective that has never been done before! Realistic coloring of the sea adds to the already stunning design. | 
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