The British Colony of Gilbert Islands achieved Independance on the 12th July 1979 under the name of Kiribati. A silver coin of $5 was authorised to be issued to commemorate the occasion. This silver coin has on the obverse the Crest of the Island consisting of a shield with a frigate bird in flight above a sunset at sea and the inscription Kiribati 1979. The reverse shows a native man seated cross-legged.
The coin comes in its original presentation box and insert.
Specification of Coin:
Weight: 28.28g/0.9 Troy Ounces