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.
The Mint says about this coin:
The Phoenicia and Carthage coin is the second issue in the Lost Civilisations series. Even more detailed than the previous issue, this civilisation comes back to life using the enhanced smartminting technology on both sides. The coin has an antique finish and is struck on a 2 oz pure silver 45mm blank in the highest quality. It has a limited mintage of only 555 pcs worldwide and comes in a beautiful box with Certificate of Authenticity. This second edition will sure is a great item for history lovers.
Phoenicia used to be a mighty civilisation mostly located in current day Lebanon. It was prominent during the era of classical antiquity, established in roughly 2500 BC. Some of the more notable cities were Tyre, Byblos, and Sidon. The Phoenicians were also renowned for their trade and trade routes around the Mediterranean, creating many colonial settlements like Carthage.
During the Phoenician reign, their prowess for trade was also visible in their mastery in the arts of ancient maritime shipbuilding and navigation. Their boats wore sails dyed in the colour, Tyrian purple. Tyrian purple, which is also known as Phoenician purple or imperial purple, was a very difficult pigment to acquire. Produced by extracting mucous secretion from sea snails. This made Tyrian purple the signature colour of the ancient Phoenician civilisation. In the current day Tyrian purple is often associated with royalty and is one of the rarest dyes to come by.