100 Dollars - Elizabeth II Lionfish

Tokelau — three coral atolls with no indigenous coinage tradition and a total land area of roughly 12 square kilometers — has become a surprisingly prolific issuing authority for bullion and collector coins since New Zealand formalized its administration arrangements. The lionfish series targets the Pacific wildlife collector market, a niche that has grown considerably since Perth Mint and various sovereign mints began competing for it in the 2010s.

One troy ounce of .9999 gold at 2022 spot made this a premium-priced item from day one, with the Tokelau name functioning primarily as legal tender cover for a product whose audience never intended to spend it.