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5 Dollars - Elizabeth II Mother Theresa

Issuer Cook Islands
Year 2021
Type Non-circulating coin
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Obverse lettering ELIZABETH II 5 DOLLARS COOK ISLANDS IRB 2021
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Edge Reeded
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Additional information

Mother Teresa was beatified in 2003 and canonized by Pope Francis in September 2016, which triggered a wave of commemorative issues from Pacific island nations operating as de facto mint licensing territories. Cook Islands has no meaningful monetary relationship with these pieces — they are produced for the collector market under licensing arrangements, with the nominal face value bearing no relation to the gold content's spot value.

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