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5 Dollars - Elizabeth II Monarch Butterfly

Issuer Cook Islands
Year 2022
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Orientation Medal alignment ↑↑
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Obverse script Latin
Obverse lettering ELIZABETH II 5 DOLLARS COOK ISLANDS IRB 2022
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Additional information

Cook Islands has long served as a licensing vehicle for novelty bullion issues produced by outside mints — this piece is one such product, with the Pacific island nation lending its name and nominal issuing authority to a coin almost certainly struck in Europe or North America. The monarch butterfly subject fits squarely within a wave of nature-themed silver rounds that flooded the collector market in the early 2020s, most targeting the one-troy-ounce bullion buyer rather than the numismatic collector.

Mintage figures for Cook Islands issues of this type are rarely independently audited.

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