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20 Dollars Athens Olympic Games - Archery

Issuer Liberia
Year 2004
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Value 20 Dollars
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Obverse description The national coat of arms of Liberia is centrally depicted, featuring a sailing ship on the sea, a palm tree, and a rising sun, surmounted by a scroll bearing the national motto THE LOVE OF LIBERTY BROUGHT US HERE. The shield is supported by two doves and rests above a ribbon inscribed REPUBLIC OF LIBERIA. The date 2004 flanks the arms in the lower field, divided left and right. The outer legend REPUBLIC OF LIBERIA runs along the upper periphery, with a beaded border encircling the entire design.
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Reverse script Latin
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Liberia has issued commemorative coinage under licensing arrangements since at least the 1970s, and by the 2004 Athens Olympics cycle the market was saturated with nearly identical silver issues from non-participating Pacific and African nations — Cook Islands, Marshall Islands, Liberia — all struck by the same handful of European private mints. This piece almost certainly originated with Pobjoy Mint or B.H. Mayer's Kunstprägeanstalt, both of which held blanket licensing deals for Liberian commemoratives during this period.

Collector demand for the series collapsed within a year of issue, and secondary market prices rarely recover original issue cost.

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