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50 Dollars - Elizabeth II Henry VIII
| Issuer | Cook Islands |
|---|---|
| Year | 2006 |
| Type | Log in to see details |
| Value | 50 Dollars |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Technique | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
| Reverse lettering | ·HENRICUS·8·DI·GRA·ANGL·FRANCIE·Z·HIBERN·REX· $50 |
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| Additional information |
Henry VIII's financial legacy is more directly connected to coinage than most monarchs'. His debasement of English silver — beginning in 1544 and continuing under his successors until Elizabeth I's recoinage of 1560–61 — was one of the most aggressive currency manipulations in English history, reducing silver fineness from 92.5% to as low as 25% to fund his wars and court expenditure. The irony of commemorating him in .999 fine gold is not lost on anyone familiar with the period.