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100 Dollars - Elizabeth II Crown Jewels

Issuer Cook Islands
Year 2002
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Composition Gold (.9999)
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Obverse description The obverse features a right-facing crowned effigy of Queen Elizabeth II after the portrait by Raphael David Maklouf, positioned at the top of the coin above a central circular window enclosing loose gemstones. The gold annular field surrounding the window is decorated with a fine beaded border on both inner and outer edges. The circumferential legend reads ELIZABETH II COOK ISLANDS with the denomination 100 DOLLARS and date 2002 inscribed along the lower arc, all in raised Latin characters.
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Reverse description The reverse displays a broad gold annular field surrounding a central transparent domed window containing loose faceted gemstones, including rubies, sapphires, and diamonds, representative of the British Crown Jewels. The legend CROWN JEWELS arches across the upper field in raised Latin capitals beneath a row of pointed dentils. Flanking the central window in the lower field are crossed sceptres below, while to the left and right appear two raised depictions of royal crowns — St. Edward's Crown and the Imperial State Crown — accompanied by smaller regalia devices such as orbs. The inner and outer edges of the annular field are defined by beaded borders.
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Additional information

Cook Islands has issued commemorative gold under its own authority since the 1970s, despite having no domestic gold market — the coins are legal tender by statute but produced entirely for the collector trade, with the New Zealand government overseeing foreign affairs while Cook Islands retains full rights to its own currency law. This particular issue appeared during a surge in Crown Jewels-themed numismatic releases tied loosely to Elizabeth II's Golden Jubilee year, when dozens of Commonwealth and associated territories rushed commemorative programs to market simultaneously.

KM#397 is a collector-only strike with no circulation history whatsoever.

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