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100 Dollars - Elizabeth II Olympic Rings

Issuer Bermuda
Year 1992
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Currency Dollar (1970-date)
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Obverse description Right-facing draped bust effigy of Queen Elizabeth II, wearing the George IV State Diadem and a pearl necklace with drop earrings, as modelled by engraver Raphael David Maklouf. The legend 'BERMUDA' arcs along the left field and 'ELIZABETH II' along the right field in raised capital letters. The portrait occupies the central field with a smooth, mirror-like proof finish characteristic of this issue. The engraver's initials 'RDM' appear on the truncation of the bust.
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Reverse description Central design features five interlocking Olympic rings, each ring containing an engraved vignette depicting a different sporting discipline, including swimming, equestrian, ice hockey, cycling, and a combat sport. Behind and above the rings, a stylised sunburst motif radiates into the field, evoking both the Olympic spirit and the twin venues of the 1992 Games. The curved legend 'ALBERTVILLE - 1992 - BARCELONA' arcs along the upper periphery, referencing the Winter and Summer Olympic Games of that year. The issuer name 'Bermuda' appears in large italic lettering below the central device, and the denomination '100 DOLLARS' is inscribed along the lower rim.
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Additional information

Bermuda had no particular athletic connection to the 1992 Olympics, but small-territory gold commemoratives of this type were a reliable revenue stream for governments licensing the IOC's rings. The .917 fineness places it in the traditional 22-karat crown gold standard — the same alloy used for British sovereigns — rather than the .999 fine gold more common to late-20th-century bullion commemoratives.

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