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20 Dollars - Elizabeth II Dolphins

Issuer Cook Islands
Year 1999
Type Non-circulating coin
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Obverse lettering ELIZABETH II COOK ISLANDS 1999
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Reverse script Latin
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Additional information

Cook Islands issued a string of high-fineness gold pieces through the late 1990s primarily for the collector and investor market, with distribution handled largely through overseas dealers rather than domestic circulation. The .9999 fineness — a step above the more common .999 standard — was a deliberate marketing choice to compete with bullion issues from larger mints during a period when fractional gold was seeing renewed collector interest.

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