I would guess it is not plated--saw this:
http://www.rarecoincollector.net/in...ucts_id=9743
This coin, and the others in the series, were struck in commemoration of the acquisition of Palau by the German Empire from the Spanish Empire in 1899.
http://www.rarecoincollector.net/in...ucts_id=9743
This coin, and the others in the series, were struck in commemoration of the acquisition of Palau by the German Empire from the Spanish Empire in 1899.





















