Gibraltar's 1990 FIFA World Cup series was one of several small-territory commemorative programs issued to coincide with Italia '90 — a tournament notable for its defensive play and record-low goals-per-game average. KM#33 is the referee-themed piece from that multi-coin run, a format Gibraltar used aggressively throughout the late 1980s and 1990s to generate collector revenue rather than circulating currency. The coins were legal tender in name only.
Gibraltar's 1990 FIFA World Cup series was one of several small-territory commemorative programs issued to coincide with Italia '90 — a tournament notable for its defensive play and record-low goals-per-game average. KM#33 is the referee-themed piece from that multi-coin run, a format Gibraltar used aggressively throughout the late 1980s and 1990s to generate collector revenue rather than circulating currency. The coins were legal tender in name only.