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10 Dollars - Elizabeth II Carousel Horses

Issuer Tokelau
Year 2014
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Reference(s) KM#76
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Obverse script Latin
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Mintage 2014 - Proof - 2,500
Additional information

Tokelau's collectible coin program, administered through New Zealand, accelerated sharply after 2010 as the territory's government sought revenue from the numismatic market — one of the few income streams available to a Pacific atoll group with no airport and a population under 1,500. By 2014 the program was producing large-format silver pieces aimed squarely at the themed collector market, with subjects having no particular connection to Tokelau itself.

The carousel horse series belongs to a wave of oversized 2-troy-ounce issues from smaller Pacific jurisdictions during this period, competing for the same buyer pool as similar releases from Niue, Palau, and the Cook Islands.

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