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200 Dollars - Charles III Battle of Midway

Issuer Government of the Cook Islands
Year 2024
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Value 200 Dollars
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Obverse description The obverse presents a finely detailed high-relief depiction of the USS Yorktown (CV-5) aircraft carrier underway at sea, occupying the central and upper field, with two Grumman F4F Wildcat fighter aircraft in flight to the upper left. The designation 'CV-5' appears in the lower right field. In the lower portion of the field, a circular inset features the right-facing effigy of King Charles III, engraved by D.T., surrounded by the legends '200 DOLLARS · CHARLES III' and 'COOK ISLANDS'. The motto 'COURAGE, SACRIFICE, VICTORY' arcs along the upper periphery, while '4-7 JUNE 1942' appears at the lower left and '1 OZ .9999 AU' at the lower right.
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Reverse description The reverse is dominated by a bold high-relief rendering of a U.S. Navy dive bomber — depicted from a rear overhead perspective in steep diving attitude — occupying the central field, with the aircraft's wings bearing U.S. national insignia roundels clearly visible. Beyond the aircraft, the textured ocean surface is rendered in fine detail, with a Japanese warship visible in the upper middle distance amid a smoky, turbulent horizon. The legend 'BATTLE OF MIDWAY' arcs along the upper periphery in large incuse letters, and the Roman numeral date 'MMXXIV' appears in the lower exergue.
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The Battle of Midway, fought June 4–7, 1942, is widely regarded as the decisive turning point in the Pacific War — the moment Japan's naval air superiority was broken permanently. Four Japanese fleet carriers were sunk in a single engagement, a loss from which the Imperial Japanese Navy never recovered. What made Midway unusual was that American codebreakers at Station HYPO had cracked enough of the Japanese naval cipher JN-25 to anticipate the attack, allowing Admiral Nimitz to position his outnumbered force with foreknowledge the Japanese never suspected.

Cook Islands has issued commemorative gold in this weight class regularly since the 1990s, with the series frequently licensed through external minting arrangements rather than struck domestically.

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