1 Dollar - Elizabeth II Friends in UFO

Cook Islands has issued novelty dollar pieces under licensing arrangements that have nothing to do with the islands' actual monetary history — this "Friends in UFO" piece is squarely in that tradition, produced for the international collector novelty market rather than any domestic circulation purpose. The Cook Islands' name appears on a wide range of such issues precisely because the territory's currency authority has historically offered favorable licensing terms to foreign minting operations and distributors.