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50 Cents - Elizabeth II Beauty Within

Issuer Cook Islands
Year 2021
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Engraver(s) Ian Rank-Broadley
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Obverse description Right-facing effigy of Queen Elizabeth II wearing a diadem and drop earring, after the portrait by Ian Rank-Broadley, with the engraver's initials IRB incuse below the truncation. The legend ELIZABETH II arcs along the left periphery, COOK ISLANDS along the right, the date 2021 appears at the top of the field, and the denomination 50 CENTS is inscribed along the lower periphery.
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Reverse script Latin
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Additional information

Cook Islands has issued commemorative coinage under licensing arrangements since the 1970s, and pieces like this one are produced entirely for the collector market — they never circulate on the islands and bear no relationship to the territory's actual monetary needs. The nominal face value is a legal fiction maintained to satisfy the technical definition of "coin."

Silver-plated iron rather than silver proper keeps production costs minimal on high-relief, shaped, or inset pieces where silver plating over a ferrous core delivers the visual result without the metal cost.

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