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 two troy ounces (2oz) of silver format.
This coin is part of the Tiffany Art series by CIT Coin Invest, and is dedicated to the Khmer style, as exemplified by Angkor in Cambodia.
The mint says about it: "Tiffany Art is a Berlin World Money Fair classic since 2004, eagerly anticipated by fans and collectors worldwide. However, there is a time for every series to find an end and for collectors to complete their collections. CIT’s most awarded coin series is set to have its final issue released in 2020. Until then the penultimate issue will surely fascinate with an intricately detailed design, for which the series is well known. The 2019 issue presents the Cambodian Khmer architecture of Angkor. The temples, which are slowly being reclaimed by nature feature a more organic and less geometric design than many of the western issues of the past. Aerial jungle roots drape of the Tiffany glass to illustrate this fascinating process."
Angkor, also known as Yasodharapura, was the capital city of the Khmer Empire. The city and empire flourished from approximately the 9th to the 15th centuries. The city houses the Angkor Wat, one of Cambodia's most popular tourist attractions. |