| Opis awersu |
The national arms of Kiribati occupy the central field, depicting a shield charged with a frigate bird in flight above a radiant rising sun over stylised ocean waves. A scroll ribbon below the shield bears the national motto in the Gilbertese language. The date 1992 appears as a legend at the top of the field, and the country name KIRIBATI is inscribed in large letters along the lower rim. |
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| Opis rewersu |
A dynamic scene of Olympic catamaran sailing fills the field, depicting two crew members hiking out on a twin-hulled racing vessel under full sail, with two prominent sails rendered in fine detail. A seagull soars above the rigging against a background of radiating sun rays. The curved legend OLYMPIC GAMES 1992 arcs along the upper left periphery, while the denomination 20 DOLLARS appears in the lower exergue. |
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Kiribati — a nation of low-lying Pacific atolls whose highest point barely clears sea level — issued this coin as part of the wave of Olympic licensing agreements that flooded the commemorative market in the early 1990s. The Barcelona Games generated an extraordinary volume of such issues from small island nations with no Olympic team presence, minted almost exclusively for collector sales rather than domestic circulation.
Kiribati did not send sailors to Barcelona.