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1 Dollar - Elizabeth II Gilt Dragon Shipwreck
| Issuer | Cook Islands |
|---|---|
| Year | 2005 |
| Type | Non-circulating coin |
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| Obverse description | Right-facing crowned effigy of Queen Elizabeth II, engraved by Raphael David Maklouf, wearing the Girls of Great Britain and Ireland tiara, pearl drop earrings, and a pearl necklace, set against a deeply mirrored proof field. The peripheral legend reads ELIZABETH II · COOK ISLANDS above, with 1oz · 999 SILVER · 2005 · ONE DOLLAR arranged around the lower portion of the coin. |
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| Reverse script | Latin |
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| Additional information |
The "Gilt Dragon" was a Dutch East India Company vessel wrecked off the Western Australian coast in 1656, nearly two decades before the more infamous Batavia disaster. Recovered silver and artifacts have been subject to ongoing legal disputes between salvagers and the Western Australian Museum, which claims jurisdiction over all historic wrecks in state waters under the 1976 Maritime Archaeology Act.
The coin incorporates a small fragment of timber reportedly recovered from the wreck site — a feature that drove the mintage structure and premium pricing of this issue.