Silver Ounce 2017 Cobra, Coin from Cook Islands - detailed information

The Cook Islands, a sovereign state in free association with New Zealand, uses two official legal tender currencies. The New Zealand Dollar circulates in parallel with the local Cook Islands Dollar; at the same time, the government also authorises many legal tender coins in the Cook Islands Dollar currency for collector's purposes. Many of them are in standard bullion sizes, including one ounce of silver - such as this coin.

This coin is part of the Magnificent Life collection by CIT Coin Invest.

The Mint says about it:
Already in its third year, the Magnificent Life collection featured a brilliant male peacock in 2015 followed by the delicate wasp spider in 2016. The collection’s signature concave reverse side is this year adorned by a majestic cobra spreading its hood in defence. The smartminting© relief with selective gloss and colouring complements the cupped proof surface to bring the snake to life.

Around 30 species of cobra are found from South Africa to South East Asia. They poses a very potent neuro-toxic venom that some species, so-called spitting cobras, are even able spray at the eyes of an attacker.