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50 Dollars - Elizabeth II Gold Rush

Issuer Government of the Cook Islands
Year 1993
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Diameter 38.7 mm
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Obverse description Right-facing effigy of Queen Elizabeth II wearing the George IV State Diadem, a pearl drop earring, and a pearl necklace, after the portrait by Raphael Maklouf. The truncation of the bust is visible at the lower center of the field. The legend ELIZABETH II arcs along the upper left periphery and COOK ISLANDS along the upper right, with the date 1993 positioned in the exergue at the base.
Obverse script Latin
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Additional information

The Cook Islands ran an aggressive commemorative program through the early 1990s, licensing coin designs through external distributors — primarily the New Zealand-based firm Pobjoy Mint and various offshore partners — resulting in a flood of gold and silver issues that had little organic connection to the islands themselves. This Gold Rush piece is squarely in that tradition: a collector-market product aimed at overseas buyers, not a coin reflecting any monetary need or local historical significance.

The California Gold Rush of 1848–1855 moved an estimated 750,000 people to the western United States and injected roughly $2 billion in gold into the American economy at period values.

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