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.
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.