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5 Dollars - Elizabeth II 4th portrait

Issuer Cook Islands
Year 2003
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In circulation to 30 April 2016
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Obverse description Fourth portrait effigy of Queen Elizabeth II facing right, modelled by Ian Rank-Broadley. The Queen is depicted wearing the Girls of Great Britain and Ireland Tiara. The legend 'ELIZABETH II COOK ISLANDS 2003' arcs around the periphery of the field. The designer's initials 'IRB' appear below the truncation of the portrait.
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Reverse script Latin
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Additional information

Cook Islands coinage has always occupied an odd administrative space — the islands are self-governing in free association with New Zealand, meaning Elizabeth II appears on the coinage not as a Commonwealth formality but as the actual head of state under the Cook Islands Constitution Act 1964. The fourth portrait, by Ian Rank-Broadley, was adopted progressively across Commonwealth territories from 1998 onward, with individual jurisdictions updating their coin series on different schedules.

KM#418 appears to have seen limited circulation demand given the islands' small population of under 20,000.

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