100 Dollars - Elizabeth II Lawson

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.