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1 Cent - Elizabeth II Maundy Money
| Issuer | Cook Islands |
|---|---|
| Year | 2002 |
| Type | Log in to see details |
| Value | 1 Cent |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | ELIZABETH II COOK ISLANDS |
| Reverse description | Central Arabic numeral 1 in large format occupies the field, surmounted by a St. Edward's Crown in high relief. The date is divided either side of the numeral, with 20 to the left and 02 to the right. The entire central device is encircled by a wreath of laurel branches tied at the base, evoking the traditional design of British Maundy coinage adapted for Cook Islands issues. |
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| Additional information |
Maundy Money in the Cook Islands context is a curiosity of Commonwealth ceremonial practice stretched to its logical extreme — a gold micro-issue that mimics the form of British Royal Maundy coinage while serving no distributional or charitable function tied to the original tradition. The British Maundy ceremony dates to medieval practice, but Cook Islands "Maundy" issues of this period were collector products issued through the New Zealand mint pipeline, trading on royal nomenclature rather than any actual Maundy distribution.
At 0.79 grams of .999 gold, the economics of the issue were always about bullion premium over face value.