Five Dollars Gold 2017 Pope Benedict XVI, Coin from Cook Islands - detailed information

This coin was issued in Cook Islands.

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The SmartMinting technology which CIT pioneered has leapt from silver to gold and picked up a gold-specific name in the process. Called BGM, an acronym of Big Gold Minting, this technique allows, like its silver counterpart, the striking of a detailed coin in less weight of metal than is usually required, but it is a distinctly different process developed just for gold - which has allowed the creation of this micro-coin.

Pope Benedict XVI – CIT Coin Invest AG
The Mint says about this coin:

Pope Benedict XVI’s papacy lasted from 19 April 2005 until his resignation on 23 February 2013. The unexpected move marked the first time a pope voluntarily resigned since Celestine V did so in 1294. Benedict XVI now resides at the Mater Ecclasiae Monastery in Vatican City and will turn 90 years old on 16 April 2017. The new 11mm fine gold coin commemorates this anniversary in classic style. Thanks to Big Gold Minting technology, the coin weighs a mere 1/100th of an ounce while displaying an astonishingly detailed portrait of the pope. more
CIT Item ID: 28137
Country: Cook Islands (the)
Date of issue: 2017
Denomination: 5 Dollars
Material: Gold .9999
Quality: Prooflike
Mintage: 10000
Technique: smartminting®