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50 Cents - Elizabeth II Oil Production and Gas Industry: 3/4
| Issuer | Cook Islands |
|---|---|
| Year | 2006 |
| Type | Non-circulating coin |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | 1/2 oz .999 SILVER IRB COOK ISLANDS 50 CENTS |
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| Additional information |
The Cook Islands have issued commemorative coinage under New Zealand's monetary umbrella since 1972, with legal tender status that is honored domestically but rarely tested in practice. This piece belongs to a four-part series marking the petroleum industry, issued in the mid-2000s when crude oil prices were climbing sharply toward their 2008 peak — a moment when energy infrastructure carried unusual public weight.
Cook Islands commemoratives of this period were produced primarily for the collector market, with actual mintage figures kept low and distribution handled through international dealers rather than domestic circulation.