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5 Dollars - Elizabeth II Penguins

Issuer Cook Islands
Year 1991
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Value 5 Dollars
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Obverse description Third-portrait crowned effigy of Queen Elizabeth II facing right, as designed by Raphael David Maklouf, with the Queen wearing the Queen Mary tiara and draped in robes. The legend ELIZABETH II COOK ISLANDS arcs around the upper periphery, the engraver's initials RDM appear below the truncation, and the date 1991 is placed in the lower field.
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Reverse script Latin
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Additional information

Cook Islands issued a wave of wildlife-themed copper-nickel crowns in the early 1990s under licensing arrangements that had little to do with local monetary needs — these pieces were produced primarily for the collector and souvenir market, distributed internationally through Franklin Mint-style channels rather than circulating on Rarotonga.

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