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1 Dollar - Elizabeth II Elizabeth II

Issuer Cook Islands
Year 2016
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Value 1 Dollar
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Reverse script Latin
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Edge Reeded
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Additional information

Cook Islands has issued commemorative dollars under its own authority since 1972, a right stemming from its status as a self-governing territory in free association with New Zealand. The arrangement gives Wellington responsibility for defense and foreign affairs while leaving monetary policy — including the right to issue legal tender — with Avarua. That quirk has made Cook Islands one of the more prolific small-nation issuers of gold-plated collector coinage, most of it produced under contract by private minting houses and never intended to circulate.

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