25 Cents - Elizabeth II Keep on Believing

The "Keep on Believing" series was part of a wave of motivational-themed issues from Cook Islands aimed squarely at the collector gift market rather than circulation. Cook Islands has long licensed its monetary authority to private minting operations — most prominently the New Zealand Mint and various Austrian and German houses — producing legal tender issues that will never see a cash register on Rarotonga.

Silver-plated iron rather than solid silver keeps production costs low enough for mass retail distribution, a material choice that puts this piece closer to medallion territory by traditional numismatic standards.