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50 Dollars - Elizabeth II Christopher Columbus

Issuer Cook Islands
Year 1990
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Weight 31.35 g
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Obverse description Third-portrait effigy of Queen Elizabeth II facing right, as designed by Raphael David Maklouf, with the Queen shown wearing the George IV State Diadem. The legend 'ELIZABETH II COOK ISLANDS' arcs along the upper periphery, with the date '1990' positioned in the lower exergual area.
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Reverse lettering 500 YEARS OF AMERICA 1492-1992 50 DOLLARS
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Additional information

Issued to front-run the wave of Columbus quincentenary commemoratives flooding the market ahead of 1992, Cook Islands was among the earliest Pacific issuers to stake a claim on the theme — a commercially calculated move that produced dozens of Columbus-related issues throughout the early 1990s. The series became so saturated that secondary market premiums collapsed almost immediately after the anniversary year passed.

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