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10 Dollars - Elizabeth II Teddy Bear

Issuer Cook Islands
Year 2023
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Technique Milled
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Reverse description A finely detailed, finely engraved seated teddy bear depicted facing, arms outstretched and legs forward, wearing a ribbon bow at the neck, occupying the central field. The legend GOLD · 1/20th OZ arcs along the upper periphery, flanked by a crown mintmark and mint assayer symbols. The fineness mark 999·9 appears to the upper left alongside additional mint hallmarks, while the face value $10 is inscribed to the lower left. The trademarked inscription TeddyBear® is placed in the lower field beneath the central device.
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Reverse lettering GOLD · 1/20th OZ 999·9 $10 TeddyBear®
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Additional information

Cook Islands has issued commemorative gold under its currency authority since the 1970s, functioning largely as a vehicle for the international collector market rather than domestic circulation. This particular issue belongs to a wave of novelty gold minors — sub-2g, sub-20mm — that flooded the market in the 2020s as mints competed for impulse buyers at accessible price points near spot.

The .9999 fineness matches the 1/20 oz class in purity but falls fractionally short of that weight, a deliberate spec that keeps production costs below a clean fractional benchmark.

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