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50 Dollars - Elizabeth II Whales

Issuer Cook Islands
Year 2001
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Value 50 Dollars
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Obverse description Right-facing crowned effigy of Queen Elizabeth II occupies the central field of the rectangular flan, rendered in high relief with fine detail on the diadem and hair. The legend ELIZABETH II arcs along the upper border, while COOK ISLANDS and the date 2001 appear in two lines along the lower border. The portrait is executed in a style consistent with the Raphael Maklouf effigy used on Commonwealth coinage of the period. The plain recessed field surrounding the portrait gives the design a clean, ingot-like presentation.
Obverse script Latin
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Additional information

Cook Islands began issuing gold wildlife coins in the late 1990s under licensing arrangements that effectively made the territory a vehicle for private minting interests — the nominal issuing authority had little involvement beyond lending its name. The $50 denomination in .9999 gold at this weight corresponds to a 1/6 troy ounce format favored by distributors targeting fractional bullion buyers rather than collectors or circulation.

Spend any time in the series and the pattern is clear: these were struck to sell, not to spend.

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