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5 Dollars - Elizabeth II Galadriel

Issuer Cook Islands
Year 2022
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Composition Gold (.9999)
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Obverse description Diademed effigy of Queen Elizabeth II facing right, after the portrait by Ian Rank-Broadley, with the engraver's initials IRB below the truncation. The legend ELIZABETH II arcs along the upper left and COOK ISLANDS along the upper right of the rectangular field. The face value 5 DOLLARS appears below the portrait in the centre of the field, with the date 2022 prominently inscribed in the lower half. The specifications 0.5g FINE GOLD .9999 are inscribed in the lower portion of the field.
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Obverse lettering ELIZABETH II COOK ISLANDS IRB 5 DOLLARS 2022 0.5 g FINE GOLD .9999
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Additional information

Part of the New Zealand Mint's ongoing licensed partnership with Middle-earth Enterprises, this piece was issued under Cook Islands authority — a common arrangement that lets the New Zealand Mint produce legal-tender collectibles while Cook Islands collects a nominal royalty. At 0.5 g of .9999 gold, the actual bullion content is negligible; the premium is entirely speculative, driven by the Tolkien licensing fee embedded in the price.

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