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50 Cents - Elizabeth II Dolphins
| Issuer | Cook Islands |
|---|---|
| Year | 1999 |
| Type | Non-circulating coin |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | ELIZABETH II COOK ISLANDS 1999 |
| Reverse description | Two dolphins rendered in a naturalistic style swim amid rising air bubbles in an underwater scene, accompanied by a small tropical fish and bearing the facsimile signature of artist Christian Riese Lassen. The inscription FIFTY CENTS arcs along the left periphery, while 999 SILVER and 1/10th OZ appear along the upper right. The denomination 50c is prominently displayed in the lower field, with a mint mark symbol at the upper centre. |
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| Additional information |
Cook Islands entered the collector bullion market aggressively in the late 1990s, issuing a proliferation of small-format .999 silver pieces that exploited the territory's authority to produce legal tender while targeting overseas buyers almost exclusively. Domestic circulation was never the intent — these were designed from the outset for the numismatic trade, a practice that drew periodic scrutiny from New Zealand, which manages Cook Islands' foreign affairs and whose Reserve Bank had complicated views on the arrangement.