50 Dollars - Elizabeth II Summer Olympics

Cook Islands began issuing large-format commemorative silver in the mid-1980s under licensing arrangements that had little to do with local monetary need — these coins were produced almost entirely for the collector export market, with the issuing authority lending its name to series designed and marketed abroad. The 1987 Summer Olympics issue corresponds to the Seoul Games of 1988, a standard practice of getting commemoratives to market a year ahead of the event.

KM#40 shares its specifications with dozens of contemporary Commonwealth commemoratives struck at the Pobjoy Mint in Surrey.