Catalog
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| Issuer | Government of the Marshall Islands |
|---|---|
| Year | 1988 |
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| Currency | Dollar (1986-date) |
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|---|---|
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| Obverse lettering | REPUBLIC OF THE MARSHALL ISLANDS 1988 JEPILPILIN KE EJUKAAN |
| Reverse description | The reverse presents a dynamic full-figure effigy of Olympic diving champion Greg Louganis, depicted standing on a diving platform in a preparatory pose with one arm raised and the body in athletic stance, rendered in high sculptural relief against a dark field. A stylized scoreboard or judging panel is depicted to the right of the figure. The legend GREG LOUGANIS arcs along the left periphery and THE PERFECT 10 along the upper right, referencing his celebrated perfect-score achievements. The denomination 100 DOLLARS is inscribed along the lower border, with decorative dots flanking the inscription. |
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| Additional information |
The Marshall Islands began issuing commemorative coinage in 1986 following the Compact of Free Association with the United States, which granted the republic self-governance while the U.S. retained defense authority. Greg Louganis won both the springboard and platform diving gold medals at the 1988 Seoul Olympics — a feat made more remarkable given that he struck his head on the board during the preliminary round of the springboard event, required stitches, and returned to compete and win.
The .583 fineness is characteristic of the early Marshall Islands gold program, sitting below the more common .999 or .900 standards used by most sovereign mints at the time.