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2 Dollars - Elizabeth II Year of the Goat
| Issuer | Cook Islands |
|---|---|
| Year | 2003 |
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| Composition | Silver (.999) |
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| Obverse description | Right-facing crowned effigy of Queen Elizabeth II, wearing the Girls of Great Britain and Ireland tiara, pearl drop earrings, and a pearl necklace, in the fourth definitive portrait style as modeled by Raphael Maklouf. The legend ELIZABETH II arcs along the left periphery and COOK ISLANDS along the right, with the date 2003 positioned in the lower field. A beaded border runs along the inner rim. The proof finish gives the fields a deep mirror-like quality. |
|---|---|
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| Reverse script | Chinese, Latin |
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| Additional information |
Cook Islands' lunar series issues from this period were struck under the New Zealand-administered territory's self-governing coinage rights, a legal arrangement that allowed the islands to generate foreign exchange through collector coin programs rather than tourism or exports alone. The Year of the Goat falls in a crowded field — 2003 saw dozens of Pacific island nations flooding the market with identical lunar themes, most sharing the same bullion blank specifications.
Mintage figures for this series were never independently audited, which has kept secondary market premiums modest despite the .999 fineness.