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20 Dollars - Elizabeth II Dolphins

Issuer Cook Islands
Year 1995
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Shape Round
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Reverse script Latin
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Mintage 1995
Additional information

Cook Islands issued a series of high-fineness gold pieces through the 1990s primarily for the collector and investor market, with distribution handled largely through foreign coin dealers rather than domestic channels. The islands' own population had little practical contact with these pieces.

The .9999 fineness places this outside standard 22-karat coin gold — matching the purity benchmark that the Royal Canadian Mint established with the Maple Leaf in 1982 and that several smaller sovereign issuers subsequently adopted to compete in the bullion gift market.

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