This piece belongs to a series issued by the Cook Islands under its longstanding arrangement with New Zealand, which handles Cook Islands' defense and foreign affairs while the territory retains the right to issue its own coinage — a quirk that has made Cook Islands one of the most prolific small-territory mints in the Pacific. The "David" designation almost certainly refers to Michelangelo's statue, part of a broader commemorative program pairing classical art with legal-tender status from a jurisdiction whose entire population is under 20,000.
This piece belongs to a series issued by the Cook Islands under its longstanding arrangement with New Zealand, which handles Cook Islands' defense and foreign affairs while the territory retains the right to issue its own coinage — a quirk that has made Cook Islands one of the most prolific small-territory mints in the Pacific. The "David" designation almost certainly refers to Michelangelo's statue, part of a broader commemorative program pairing classical art with legal-tender status from a jurisdiction whose entire population is under 20,000.