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2 Dollars - Elizabeth II 3rd portrait
| Issuer | Cook Islands |
|---|---|
| Year | 1987-1994 |
| Type | Log in to see details |
| Value | 2 Dollars (2 NZD) |
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| Composition | Log in to see details |
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| Obverse description | Right-facing effigy of Queen Elizabeth II wearing the George IV State Diadem, a pearl drop earring, and a draped necklace, as rendered in Raphael David Maklouf's third definitive portrait. The legend 'ELIZABETH II' runs along the left side of the triangular field and 'COOK ISLANDS' along the right side, both in raised Latin characters following the coin's angled edges. The date appears in the lower field beneath the portrait. The overall design is centrally composed within the rounded-corner triangular flan. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Cook Islands shifted to a new effigy of Elizabeth II in the late 1980s as part of a broader Commonwealth-wide update coordinated following the Raphael Maklouf portrait's introduction in 1985. The islands had achieved self-governance in free association with New Zealand in 1965, and their coinage program — managed largely through the New Zealand Treasury — followed Commonwealth portrait conventions closely rather than setting independent precedent.
The seven-year production window for KM#38 reflects steady but modest circulation demand from a population that has never exceeded 20,000.