200 Dollars

The Marshall Islands began issuing commemorative coinage in 1986, the same year the nation signed its Compact of Free Association with the United States — formally ending nearly four decades of U.S. Trust Territory administration that had included the Bikini Atoll nuclear tests. This $200 gold piece was among the first coins issued under full Marshallese sovereignty, with production contracted to private minting facilities rather than a government mint, as the islands have never operated one of their own.