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50 Dollars - Elizabeth II Ferdinand Magellan

Issuer Cook Islands
Year 1989-1991
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Weight 31.1 g
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Obverse description Right-facing effigy of Queen Elizabeth II wearing the George IV State Diadem, with draped shoulders and a drop earring, as sculpted by Raphael David Maklouf; the engraver's initials 'RDM' appear on the truncation. The legend 'ELIZABETH II' arcs along the upper left field and 'COOK ISLANDS' along the upper right, both in raised capital letters. The date appears in the exergue at the bottom of the field.
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Reverse script Latin
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Additional information

Magellan never completed his circumnavigation — he was killed in the Philippines in April 1521 during a battle at Mactan, leaving Juan Sebastián Elcano to bring the Victoria home. Cook Islands issued this series during the final years of the Pacific Forum's push for expanded commemorative programs among member states, part of a broader wave of silver issues that flooded the collector market in the late 1980s from small Pacific jurisdictions with minimal circulation economies.

The KM#49 attribution places it among a dense cluster of Cook Islands commemoratives from this period, most struck by the Pobjoy Mint or the Royal Australian Mint on contract.

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