Released on December 15, 1982, this coin was authorized in support of the 1984 Los Angeles Olympic Games.
Fifty percent of surcharges were paid to the United States Olympic Committee. Such amounts were used to train United States Olympic athletes, to support local or community amateur athletic programs, and to erect facilities for the training of such athletes. Fifty percent of surcharges were paid to the Los Angeles Olympic Organizing Committee. Such amounts were used to stage and promote the 1984 Los Angeles Olympic games.
The obverse design of the coin featured a representation of the Greek Discus Thrower, five stars and the Olympic Rings.
The reverse of the coin features a bust of an eagle.