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50 Dollars America's Cup

Issuer American Samoa
Year 1988
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Reference(s) KM#4, Schön#4, Fr#3
Obverse description The central device depicts the coat of arms of American Samoa, comprising a traditional Samoan fly whisk (fue) and a staff (to'oto'o) crossed in saltire above a traditional ceremonial bowl (tanoa), with a pair of stylised triangular motifs in the lower field. The date 1988 appears in the lower central field. The legend AMERICAN SAMOA · 17 APRIL 1900 arcs along the upper periphery, while the Samoan national motto SAMOA MUAMUA LE ATUA (Samoa, Let God Be First) curves along the lower periphery.
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Reverse script Latin
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Additional information

American Samoa's authority to issue coinage is a bureaucratic curiosity — as an unincorporated U.S. territory, it has no independent monetary authority under federal law, and these issues were produced under license arrangements that generated revenue for the territory rather than circulating as legal tender in any practical sense. The 1988 America's Cup connection is equally oblique: the U.S. had just lost the Cup to Australia in 1983 — the first defeat in 132 years — and was mounting its 1987 recovery campaign when this coin was in development.

The .900 fine specification mirrors the historic U.S. gold standard rather than the .999 fine used in most modern bullion issues.

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