Catalog
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| Issuer | Cook Islands |
|---|---|
| Year | 2004 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | 1.2 mm |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
| Reverse lettering | * 40th PRESIDENT OF THE UNITED STATES * $50 RONALD REAGAN |
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| Mintage | Log in to see details |
| Additional information |
Cook Islands has operated one of the more prolific commemorative bullion programs in the Pacific, licensing its sovereign authority to issue coins for subjects with no geographic connection to the islands whatsoever. This piece was struck during Reagan's first year of death — he died in June 2004 — making it part of an immediate wave of memorial issues that flooded the market that year from multiple minor issuers.
The KM# 123 assignment places it within a catalog sequence that reflects just how many Cook Islands gold issues were registered in this period. Mintage figures for these licensed commemoratives were typically low by design, though "low" in this market was often a sales tool as much as a production reality.