500 Rupees - Birendra Bir Bikram Summer Olympics

Nepal's 1992 Olympic issue was struck to coincide with the Barcelona Games, during which Nepal sent a small delegation of athletes — predominantly in shooting and athletics — who returned without medals, as the country had done at every Summer Olympics since its first appearance in 1964. The coin was produced for the collector market rather than circulation, part of a broader pattern of Nepalese silver commemoratives issued through the late Birendra reign that were largely distributed through international coin dealers rather than domestic channels.