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1 Dollar - Elizabeth II Princess Diana at Chelmsford College, with "IRB"

Issuer Cook Islands
Year 2011
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Currency Dollar (1972-date)
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Obverse lettering ELIZABETH II
1 DOLLAR
COOK ISLANDS
IRB
2011
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Reverse script Latin
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Additional information

This piece is one of dozens of Cook Islands dollar issues produced under licensing arrangements with overseas minting and marketing firms — a monetization model that has drawn consistent criticism from numismatists since the 1970s. Cook Islands holds legal tender status for such coins domestically, though none are intended for circulation. The "IRB" countermark almost certainly denotes an issuing retailer or distributor batch designation rather than anything intrinsic to the coin's production history.

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