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500 Lire 1984 Summer Olympics

Issuer Azienda Autonoma di Stato Filatelica e Numismatica
Year 1984
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Reference(s) KM#168
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Reverse description The reverse features a dynamic high-relief composition by engraver Laura Cretara depicting two athletes in motion — a torch-bearer striding forward in the foreground while a second figure leaps athletically behind, evoking the Olympic relay and spirit of athletic competition. In the right field, the five interlocked Olympic rings appear beneath a radiating star motif and the date 1984. The denomination L. 500 is inscribed below the rings in the center-right field. The circular legend XXIII OLIMPIADE LOS ANGELES 1984 is distributed around the periphery, with the engraver's signature L. CRETARA visible in the lower left field.
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Reverse lettering XXIII OLIMPIADE LOS ANGELES 1984 L. 500
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Additional information

San Marino issued this piece for the Los Angeles Games despite a decades-long American diplomatic freeze with the republic being essentially a non-issue — the tiny enclave had no Olympic team controversies and no boycott complications in 1984, unlike the Soviet-led Eastern Bloc nations that sat out those Games. The AAFN, San Marino's combined philatelic and numismatic state authority, produced commemoratives with enough regularity by the 1980s that the series had become a reliable revenue stream rather than a singular occasion.

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