Silver Ounce 2021 Lucky Horseshoe, Coin from Palau - detailed information

Silver Ounce 2021 Lucky Horseshoe, Coin from Palau
CoinSilver Ounce 2021 Lucky Horseshoe

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 Silver Charms collection featuring specially shaped coins, and is in the shape of a horseshoe.

The Mint says about it:
The use of a horseshoe as a symbol of good luck dates back to early times when horses played an integral part in the life of many people. They were originally made of iron, a material that was believed to ward off evil spirits. This importance is demonstrated by an ancient Turkish proverb: "A nail can save a horseshoe, a horseshoe a horse, a horse can save a horse rider, and a horse rider can save a country". Opinion is divided as to which way up the horseshoe ought to be nailed. Some say the ends should point up, so that the horseshoe catches the luck, and that the ends pointing down allow the good luck to leak out; others say they should point down, so that the luck is poured upon those entering the home. But there is no doubt that this shaped 1 oz silver lucky charm with country style ornaments and Antique finish is the perfect gift.

MintCIT Coin Invest Mint MarkNo mint mark Total Mintage2,500
Obverse
Palau / Silver Ounce 2021 Lucky Horseshoe - obverse photo

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).

The background is decorated with an American "Wild West"-style landscape.

Obverse Inscription *** REPUBLIC OF PALAU *** $5
Reverse
Palau / Silver Ounce 2021 Lucky Horseshoe - reverse photo

The reverse features the inscription GOOD LUCK!, below which the date of issue 2021.

The background is decorated with an American "Wild West"-style landscape.

Reverse Inscription GOOD LUCK! 2021
EdgePlainEdge InscriptionNone
Notes

Finish: antique, special shape, smartminting (Ultra High Relief).
CIT Item ID: 29577

See also

Coins in the Silver Charms collection include:
- 1 oz Silver, Silver Fortune 2018
- 1 oz Silver, Twinkling Star 2018
- 1 oz Silver, Silver Heart 2018
- 1 oz Silver, Guardian Angel 2019
- 1 oz Silver (Gold Plated), Gilded Fortune 2020
- 1 oz Silver (Gold Plated), Rosy Heart 2021
- 1 oz Silver, Lucky Horseshoe 2021
- 1 oz Silver (Gold Plated), Rosy Horseshoe 2022
- 1 oz Silver, Silver Ghost 2022

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Royal Mint
Royal Mint
Silver Ounce 2021 Lucky Horseshoe: Details
CountryPalau
CurrencyPalau Dollar
Coin TypeSilver Ounce (1 oz)
Issued2021
SymbolEmblem of Palau
Face Value5 (x Dollar)
Total Mintage2,500
CurrentYes
Material0.999 Silver
TechnologyMilled (machine-made)
Shape3D
OrientationMedal Alignment (Axis 0)
Size38.0 x 41.0 mm
Mass31.100 g
OCC IDRNAZ-OGWC-NJND-OXJL
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Silver Ounce 2021 Lucky Horseshoe: Photos
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Coin, Palau, Silver Ounce 2021 Lucky Horseshoe
Copyright: CIT Coin Invest
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Coin, Palau, Silver Ounce 2021 Lucky Horseshoe
Copyright: CIT Coin Invest
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