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4 Dollars - Elizabeth II Dolphins

Issuer Cook Islands
Year 2018
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Value 4 Dollars
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Obverse description Right-facing diademed and draped bust of Queen Elizabeth II, after the effigy designed by Ian Rank-Broadley, occupying the central field. The legend ELIZABETH II arcs along the left periphery and COOK ISLANDS along the right periphery, with the date 2018 in the lower exergual area. The engraver's initials IRB appear below the truncation of the bust.
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Mintage 2018 - Proof - 1,000
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Cook Islands has issued small-denomination gold pieces under New Zealand's monetary umbrella since the 1970s, largely as bullion collectibles rather than anything intended for domestic circulation — the islands' actual economy runs on the New Zealand dollar. The $4 face value is a deliberate oddity, chosen to differentiate these fractional gold issues from the standard $1, $5, and $10 denominations that crowd the commemorative market.

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