Cook Islands has issued commemorative dollar pieces under New Zealand's self-governing compact since the early 1970s, and by 2013 the market for gold-plated steel issues had become crowded with collector-targeted products from Pacific island jurisdictions whose nominal face values bear no relationship to circulation reality. This piece was never intended to spend a day in a cash register.
Cook Islands has issued commemorative dollar pieces under New Zealand's self-governing compact since the early 1970s, and by 2013 the market for gold-plated steel issues had become crowded with collector-targeted products from Pacific island jurisdictions whose nominal face values bear no relationship to circulation reality. This piece was never intended to spend a day in a cash register.