10 Dollars - Elizabeth II Summer Olympics, Rio 2016

Cook Islands has been a prolific issuer of commemorative silver since the 1970s, frequently licensing its sovereign minting rights to private distributors targeting the collector market rather than circulation. This Rio 2016 issue, struck three years before the Games themselves, is characteristic of that model — produced to capitalize on Olympic licensing windows that open well ahead of the event.

The 2016 Rio Games were the first Summer Olympics held in South America.