The 1992 50 Vatu Ships Fernandez de Quiros Silver Vanuatu Coin pays tribute to Pedro Fernández de Quirós, a Spanish explorer who is credited with discovering the Vanuatu archipelago in the 16th century. This coin is part of a series issued by the Republic of Vanuatu to commemorate its rich maritime history.

The obverse of the coin features a detailed portrait of Fernández de Quiros, surrounded by the inscription "50 VATU" and the year of issue. The reverse displays a striking image of one of the ships used by Fernández de Quiros during his expeditions, sailing on the open sea. The ship is depicted with intricate details, showcasing the skilled craftsmanship of the mint.

Struck in .925 silver, this coin has a diameter of 38.6mm and a weight of 28.28 grams. It has a limited mintage, making it a desirable collector's item for numismatic enthusiasts. With its detailed design and historical significance, the 1992 50 Vatu Ships Fernandez de Quiros Silver Vanuatu Coin is a captivating piece for anyone interested in the exploration and seafaring history of Vanuatu.