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50 Dollars - Elizabeth II Pedro Alvares Cabral

Issuer Cook Islands
Year 1990
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Value 50 Dollars
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Reverse description The foreground features a large bearded bust of Portuguese explorer Pedro Álvares Cabral facing slightly right, wearing a period helmet, rendered in high relief. Behind and to the left, a detailed background scene depicts two Renaissance-attired figures erecting a large Latin cross on a rocky shoreline, symbolising Cabral's 1500 landing in Brazil. The arc legend 500 YEARS OF AMERICA 1492-1992 runs along the upper periphery, while the denomination 50 DOLLARS appears in a recessed band at the base of the coin.
Reverse script Latin
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Additional information

Cabral's 1500 landfall in Brazil was almost certainly accidental — his fleet was swinging wide into the Atlantic to avoid Gulf of Guinea doldrums en route to India when it made continental contact. Portugal spent years afterward debating internally whether to publicize the discovery at all, wary of triggering Spanish territorial claims under the Treaty of Tordesillas. Cook Islands issued a wave of commemorative silver in this period largely as a revenue mechanism, with the numismatic program generating more income than most of the islands' traditional exports.

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