Issued in 2010 during the early optimism of Obama's first term, this is a privately commissioned commemorative produced for the souvenir and collector market — Cook Islands being one of several small Pacific nations that license their sovereign authority to mint dealers and bullion marketers. The arrangement is entirely legal but has nothing to do with Cook Islands monetary policy; no one on Rarotonga spends these.
Issued in 2010 during the early optimism of Obama's first term, this is a privately commissioned commemorative produced for the souvenir and collector market — Cook Islands being one of several small Pacific nations that license their sovereign authority to mint dealers and bullion marketers. The arrangement is entirely legal but has nothing to do with Cook Islands monetary policy; no one on Rarotonga spends these.