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100 Dollars - Elizabeth II Lawson

Issuer Cook Islands
Year 2008
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Diameter 130 mm
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Reverse description Central depiction of the Thomas W. Lawson, the famous American seven-masted steel-hulled schooner, shown under sail near a rugged mountainous coastline beneath a dramatic cloudy sky. The vessel is rendered in fine detail, with all seven masts and rigging clearly delineated. The ship's name THOMAS W. LAWSON appears in the legend both above and below the central design. The composition occupies the full reverse field, with the lettering arranged along the upper and lower periphery.
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Reverse lettering THOMAS W. LAWSON THOMAS W. LAWSON
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The Lawson piece is one of Cook Islands' large-format bullion issues produced during the mid-2000s boom in oversized silver coins, a format pioneered commercially by the Royal Canadian Mint's 100-kilogram gold coin in 2007. At just over 100 troy ounces, this issue sits in a well-populated tier of dealer-targeted bullion rather than anything approaching circulation. Cook Islands has long licensed its sovereign coining authority to private minting operations — primarily through the New Zealand-based entities — making the nominal face value a legal fiction against melt alone.

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