1 Dollar - Elizabeth II 1938·1954 Football World Cup Runner-Up

Cook Islands began issuing commemorative coinage aggressively from the 1970s onward, and by 2001 the program had expanded well beyond any connection to local monetary circulation. This piece commemorates Hungary's runner-up finish at the 1954 FIFA World Cup in Switzerland — the match now known simply as the Miracle of Bern, in which a heavily favored Hungarian side that had gone four years unbeaten lost 3–2 to West Germany in the final.

The 1954 Hungarian squad is widely considered one of the finest national teams never to win the tournament. Ferenc Puskás played the final injured.