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20 Dollars - Elizabeth II Ronald Reagan
| Issuer | Cook Islands |
|---|---|
| Year | 2016 |
| Type | Non-circulating coin |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Facing bust of President Ronald Reagan, smiling, rendered in high relief against a mirrored proof field, with a partially visible American flag displaying stars and stripes occupying the right background. The legend RONALD REAGAN arcs across the upper field, the Roman date MMXVI appears in the lower left field, and the motto IN GOD WE TRUST is inscribed along the lower rim. |
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| Additional information |
Cook Islands has operated as a prolific commemorative mint since the 1970s, issuing coins under its currency authority while relying entirely on New Zealand for actual monetary circulation. The Reagan issue belongs to a broader commemorative program targeting the collector market rather than any domestic monetary function. Reagan's 1981 tax cuts — the largest in U.S. history at the time — and his administration's Strategic Defense Initiative are among the policy events most commonly cited in associated marketing, though the coin's issuance coincides with the 25th anniversary of his leaving office.