5 Dollar Coin Republic Of The Marshall Islands
Have you ever heard of the 5 dollar coin from the Republic of the Marshall Islands? It's a unique and interesting collectible that has gained popularity among coin collectors around the world. Let's take a closer look at this fascinating piece of currency.
History of the Republic of the Marshall Islands
The Republic of the Marshall Islands is a small island nation in the Pacific Ocean. It has a rich and complex history, with a culture that dates back thousands of years. The islands were first colonized by the Spanish in the 16th century, but it wasn't until the 19th century that the Germans established a protectorate over the islands.
After World War I, the Japanese took control of the islands and administered them as part of their mandate from the League of Nations. During World War II, the United States captured the islands from Japan and established a military base there. In 1979, the Marshall Islands gained independence from the United States and became a sovereign nation.
The 5 Dollar Coin from the Republic of the Marshall Islands
The 5 dollar coin from the Republic of the Marshall Islands was first issued in 1991. It features a design that commemorates the 50th anniversary of the attack on Pearl Harbor. The obverse of the coin features an image of President Franklin D. Roosevelt, and the reverse features an image of the USS Arizona Memorial.
The coin is made of cupronickel and has a diameter of 38.6mm. It weighs 28.28 grams and has a reeded edge. The coin has a face value of 5 dollars, but its true value is much higher due to its rarity and collectibility.
Collecting the 5 Dollar Coin from the Republic of the Marshall Islands
The 5 dollar coin from the Republic of the Marshall Islands is a popular collector's item. Its unique design and historical significance make it a valuable addition to any collection. However, due to its rarity, the coin can be difficult to find and can command a high price on the secondary market.
Collectors should be aware of the different variations of the coin that exist. Some coins have a matte finish, while others have a proof finish. Additionally, some coins were issued with a gold plating, which can greatly increase their value.
Conclusion
The 5 dollar coin from the Republic of the Marshall Islands is a fascinating piece of currency with a rich history and unique design. Whether you're a serious coin collector or simply interested in the history of the Marshall Islands, this coin is a must-have for any collection.
So why not add one to your collection today?