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RUBY Treasures Of The World Silver Coin 5$ Palau 2011


The third coin to be released in the popular series of antiqued silver coins entitled "Treasures of the World", this eye catching issue is devoted to the Ruby - and includes an actual ruby embedded in the coin itself!

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A ruby is a pink to blood-red colored gemstone, a variety of the mineral corundum (aluminium oxide). The red color is caused mainly by the presence of the element chromium. Its name comes from ruber, Latin for red. Other varieties of gem-quality corundum are called sapphires. The ruby is considered one of the four precious stones, together with the sapphire, the emerald, and the diamond.
Prices of rubies are primarily determined by color. The brightest and most valuable "red" called pigeon blood-red, commands a huge premium over other rubies of similar quality. After color follows clarity: similar to diamonds, a clear stone will command a premium, but a ruby without any needle-like rutile inclusions may indicate that the stone has been treated. Cut and carat (weight) are also an important factor in determining the price.

  • CountryPalau
  • Year2011
  • Face Value5 Dollars
  • MetalSilver
  • Fineness (purity)999/1000
  • Weight (g)25
  • Diameter (mm)38.61
  • QualityAntique Finish
  • Mintage (pcs)2.000
  • Certificate (COA)Yes
  • Presentation case (box)Yes
The coin’s reverse portrays workers in the mines, from which the precious stones are extracted from the depths of the Earth. Embedded into the coin here is an actual Ruby. The coin has gone through a special minting process to give it an "antiqued" appearance. The coin, which is issued as legal tender under the authority of the Republic of Palau, portrays the Palau Coat of Arms.