Part of a sprawling Cook Islands series issued through the 1990s that tied the island's nominal sovereignty to international collector markets, this piece was struck under license arrangements that had little to do with Cook Islands itself. The Olympic National Park series was produced primarily for the American collector market, capitalizing on the U.S. National Parks as subject matter while using a Pacific territory's issuing authority to sidestep U.S. mint regulations on private gold coinage.
The 1.24 g format corresponds to 1/25 troy ounce — a denomination tier popularized in the late 1980s to offer low entry-point gold at a premium-heavy price-to-metal ratio.
Part of a sprawling Cook Islands series issued through the 1990s that tied the island's nominal sovereignty to international collector markets, this piece was struck under license arrangements that had little to do with Cook Islands itself. The Olympic National Park series was produced primarily for the American collector market, capitalizing on the U.S. National Parks as subject matter while using a Pacific territory's issuing authority to sidestep U.S. mint regulations on private gold coinage.
The 1.24 g format corresponds to 1/25 troy ounce — a denomination tier popularized in the late 1980s to offer low entry-point gold at a premium-heavy price-to-metal ratio.