5 Dollars - Charles III Dog

Part of the long-running "Dogs" bullion and collector series issued through the Cook Islands' licensing arrangements with private mints — a mechanism New Zealand administers on the islands' behalf, allowing foreign distributors to monetize the Cook Islands' issuing authority. The 1.04 g gold weight corresponds to 1/30 troy ounce, a fractional denomination that became increasingly common in the 2010s as spot prices made traditional quarter- and tenth-ounce coins prohibitive entry points for retail buyers.