5 Dollars - Elizabeth II Saint Nicholas

Cook Islands has issued commemorative silver under its own authority since 1972, using the arrangement that grants it self-governance in free association with New Zealand — the country produces legal tender coinage without operating a central bank or mint of its own, contracting production to private minting houses. By 2011 the program had expanded aggressively into themed holiday and religious issues aimed squarely at the collector and gift market, with Saint Nicholas among dozens of similar releases that year.

No meaningful circulation history exists for this piece.