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20 Dollars Marine Life Protection
| Issuer | Republic of Palau |
|---|---|
| Year | 1995 |
| Type | Non-circulating coin |
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| Obverse description | Central device depicts a mermaid with long flowing hair crowned with a floral wreath, seated upon an open scallop shell and holding a lyre in her left arm, rendered in high relief. The figure is presented in a classical allegorical style with a scaled fish tail extending to the lower right. A beaded border frames the design. The legend REPUBLIC OF PALAU arcs along the upper field, with the date 1995 continuing along the right, and the denomination 20$ appears in the lower field. |
|---|---|
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| Reverse lettering | MARINE - LIFE PROTECTION |
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| Additional information |
Palau gained independence in 1994 after nearly five decades under United States administration as part of the Trust Territory of the Pacific Islands. This issue, struck just one year later, was among the earliest commemorative coins produced under Palau's own authority — the country's Compact of Free Association with the United States had only entered into force in October 1994. The five-ounce format was a deliberate choice to attract the collector bullion market, which was then aggressively courted by newly sovereign Pacific microstates seeking non-tax revenue streams.
KM#13 marks it as an early entry in what became a long-running series for the issuer.