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1 Dollar - Elizabeth II Sydney Cove

Issuer Tokelau
Year 2013
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Technique Milled, Colored
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Reverse description The fully colorized reverse depicts a dramatic scene commemorating the arrival of Australia's First Fleet at Sydney Cove in 1788. In the foreground, British redcoat soldiers in full period uniform raise a Union Jack flag on a flagpole, while a naval officer stands to the right and civilian figures are grouped to the left. In the background, tall ships ride at anchor in the cove with smaller rowing boats ferrying personnel ashore. The inscriptions SYDNEY COVE and AUSTRALIA'S FIRST FLEET appear in the lower field, flanking the date 1788 within a cartouche.
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Edge Reeded
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Additional information

Tokelau's coinage program is a collector-market operation almost entirely detached from daily economic life — the territory, a New Zealand dependency of roughly 1,500 people spread across three Pacific atolls, has no indigenous currency tradition and uses the New Zealand dollar in practice. The Sydney Cove theme references the 1788 First Fleet landing in New South Wales, an event with no particular connection to Tokelau itself.

KM#65 is one of several thematically opportunistic issues from this period, when Tokelau's minting authority was actively licensing historical and wildlife subjects to bullion and novelty collectors. Mintage figures for this series were kept deliberately low to sustain secondary-market premiums.

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