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50 Dollars USS Olympia

Issuer Republic of the Marshall Islands
Year 1998
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Currency Dollar (1986-date)
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Obverse description The national seal of the Republic of the Marshall Islands is rendered in high relief at the centre of the field, depicting a frigatebird with outstretched wings superimposed over a traditional Marshallese stick chart, flanked by a canoe to the right and vegetation to the left, with crossed traditional implements and a radiant sun above. The denomination '$50' appears to the left and the date '1998' to the right within the inner border. A rope-and-chain decorative border encircles the design. The circular legend 'REPUBLIC OF THE MARSHALL ISLANDS' arcs along the upper periphery, while the Marshallese national motto 'JEPILPILIN KE EJUKAAN' arcs along the lower periphery.
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Edge Reeded
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Additional information

USS Olympia is the oldest steel-hulled warship still afloat in the United States, and the only surviving vessel from the Spanish-American War. She served as Commodore George Dewey's flagship at the Battle of Manila Bay on May 1, 1898 — exactly one century before this coin's issue date. Dewey's signal to his captain, "You may fire when you are ready, Gridley," opened an engagement that destroyed the entire Spanish Pacific Squadron in under seven hours without a single American combat fatality.

The Marshall Islands issued commemoratives prolifically through the 1990s, largely as a revenue mechanism rather than for domestic circulation.

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