1 Dollar - Elizabeth II Year of the Horse

Cook Islands has issued lunar series dollars through the New Zealand-administered territory's right to produce its own coinage — a provision that has made it one of the more prolific sources of commemorative silver in the Pacific. The 2014 Year of the Horse falls in the second twelve-year cycle of such issues, aimed squarely at collectors in Southeast Asia and the Chinese diaspora markets where lunar calendar coins move reliably.

Mintage figures for this type were typically capped at or below 10,000 pieces, though secondary market performance depends heavily on which mint facility handled production — often the Bern-based PAMP or B.H. Mayer in Munich under licensing arrangements.