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20 Dollars - Elizabeth II Brexit

Issuer Cook Islands
Year 2016
Type Non-circulating coin
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Obverse lettering ELIZABETH II 20 DOLLARS COOK ISLANDS 2016
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Reverse script Latin
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Additional information

Issued in 2016 as a privately commissioned bullion/commemorative piece timed to the Brexit referendum, this coin belongs to a category Cook Islands has long been willing to host — politically themed issues with no organic connection to the territory itself. Cook Islands functions as a licensing jurisdiction for a substantial portion of the world's novelty precious metal coinage, providing legal tender status to pieces conceived, marketed, and sold entirely in other countries.

The Brexit vote occurred June 23, 2016. Coins like this were typically contracted months in advance, suggesting the issuer was hedging on the outcome rather than commemorating it.

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