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.
Collector coins are dedicated to historical or general popular culture themes not related to the country itself. Many of them are in standard bullion sizes, including the large three ounces of silver format - such as this coin.
The Mint says about this coin:
The Titanic. The tragic story of a cruise ship and an iceberg. It is hands down the most famous maritime disaster of all time. Countless documentaries and movies have been made about the story. Just 160 minutes after the momentous accident happened on April 14th, 1912 the vessel sank dragging more than 1,500 people to an icy grave.
This coin range is dedicated to the Titanic and its tragic story. While the reverse shows the coloured ship in full speed in ultra-high relief the obverse tells the tale. You can see the route across the Atlantic including the point where the tragedy happened. Furthermore, you have two different perspectives of the deck and cabin construction and the inner part of the Titanic. This might give you an idea why so many people were trapped inside the ship as it went down. Just a handful of artefacts from the Titanic have made it back to the water surface as the ship lies at a depth of 3,800 m at the bottom of the sea. One of them is an authentic coal lump which was recovered back in 2000. This would have been used to power its massive steam engines. A certified piece of it is integrated into these coins!
The series contains 5 different coins done in 3 metals. | 
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