2017-09-01 Fri

Coin Invest Trust released a special 5 Dollars 2017. Silver .999. 1 oz. Proof coin featuring a coloured head of a Cobra on the reverse for the Cook Islands. The name of the series MAGNIFICENT LIFE is also inscribed on the reverse. The obverse depicts a portrait of Queen Elizabeth II, her name and "Cook Islands", 5 Dollars and 2017. The mintage limit for the coin is 999 pieces.

28 known species of Cobra are found from South Africa to South-East Asia. It has an interesting hood, a stretchable skin in the neck area, which expands when threatened. It stands tall, makes hissing sounds before biting or spitting its fatal venom over four meters towards the attacker’s eyes. It generally attacks small mammals, birds, or lizards. It can cause blindness or paralysis with fatal consequences in humans within a matter of a few hours. It is believed that Egyptian queen Cleopatra committed suicide after being bitten by an Egyptian Cobra. The Egyptian Cobra is also known as the Uraeus in Egyptian Mythology and is considered to have mystic powers. In Hinduism, a Cobra is depicted wrapped around the neck of Lord Shiva.

Two coins issued in the same series depict Peacock and Wasp Spider. The recently issued coin has a concave coin that is created using Smartminting technology. The coin also showcases selective gloss and amazing colouring.