Cook Islands

1990 Cook Islands $100 Ferdinand Magellan 5 oz Silver Proof 3,000 Mintage RARE

1990 Cook Islands $100 Ferdinand Magellan 5 oz Silver Proof 3,000 Mintage RARE
1990 Cook Islands $100 Ferdinand Magellan 5 oz Silver Proof 3,000 Mintage RARE

1990 Cook Islands $100 Ferdinand Magellan 5 oz Silver Proof 3,000 Mintage RARE

A scarce and impressive large-format silver commemorative from the Cook Islands' "500 Years of America" series. What makes this issue particularly desirable is its exceptionally low mintage of only 3,000 pieces. This is not one of the much more common modern Cook Islands silver issues produced in large quantities.

Numista records only 3,000 struck and assigns the issue a rarity index of 91/100 among coins tracked by its members. Ferdinand Magellan / 500 Years of America. 5 Troy Ounces Actual Silver Weight. Coin housed in protective capsule.

Comparable market information is difficult to find because this issue appears infrequently on the market. That is an asking price rather than a completed sale, but it demonstrates the scarcity of this particular issue in the current marketplace. This coin also contains a substantial amount of silver. At 5 troy ounces actual silver weight, its bullion value alone provides a significant underlying value, while the 3,000-piece mintage and large proof format give it additional collector appeal.

A scarce early Cook Islands 5-ounce silver proof that is rarely encountered in the U. The exact coin pictured is the coin you will receive. Please examine all photographs carefully, as they are part of the description.
1990 Cook Islands $100 Ferdinand Magellan 5 oz Silver Proof 3,000 Mintage RARE