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1 Dollar - Elizabeth II 1964 USA Morgan Dollar

Issuer Cook Islands
Year 2017-2021
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Composition Silver (.999) clad bronze
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Obverse description Left-facing draped bust of Liberty, modelled after George T. Morgan's classical design, wearing a coronet inscribed LIBERTY and adorned with wheat ears, oak leaves, and a rose in her flowing hair. Thirteen six-pointed stars are arranged along the inner border, seven to the left and six to the right of the bust. The legend E·PLURIBUS·UNUM arcs along the upper periphery, and the date 1964 appears in the exergue at the bottom of the field.
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Reverse description The reverse of this Cook Islands tribute issue features the effigy of Queen Elizabeth II, the Cook Islands issuing authority legend, denomination, and year of issue in place of the traditional Morgan eagle reverse. The legend A TRIBUTE TO THE UNITED STATES arcs along the upper periphery, with COOK ISLANDS and IRB COPY flanking the central design, and ONE DOLLAR inscribed below, reflecting its status as a non-circulating commemorative piece rather than a standard circulation coin.
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Additional information

The Cook Islands has issued commemorative dollars under its own authority since 1972, a consequence of its status as a self-governing territory in free association with New Zealand — legally entitled to produce coinage while holding no independent monetary system in practice. This piece belongs to a long-running series reproducing the Morgan Dollar design, originally created by George T. Morgan and struck by the United States Mint from 1878 through 1921. Cook Islands has no historical connection to that coinage whatsoever; the series exists purely as a bullion-adjacent collectible targeting the Morgan collector market.

The silver-clad construction keeps costs below a solid silver strike while retaining the .999 surface layer that satisfies collector expectations.

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