1 Guam Dollar

Guam has never had its own currency — the US dollar has circulated there since the island was ceded to the United States following the Spanish-American War of 1898. This piece is a so-called "trade dollar" or local issue struck not by the US Mint but by a private concern for the Guamanian market, intended primarily as a souvenir and collectible rather than circulating coinage. The X# catalog prefix confirms its non-governmental status.

The 1974 date places it during the post-Vietnam drawdown, when Guam served as a major staging and refugee processing point.