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2 Dollars - Elizabeth II Year of the Dog
| Issuer | Tokelau |
|---|---|
| Year | 2018 |
| Type | Non-circulating coin |
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| Obverse description | Right-facing diademed and draped effigy of Queen Elizabeth II occupies the central field, rendered in high relief against a mirrored proof background. The legend ELIZABETH II arcs across the upper field, with TOKELAU and the date 2018 positioned to the right along the rim. The denomination TWO DOLLARS and the specifications 30g 999 SILVER are inscribed along the lower portion of the field. The engraver's initials IRB appear beneath the portrait truncation. |
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| Reverse script | Chinese |
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| Additional information |
Tokelau's lunar series issues are struck under license arrangements that route production through the New Zealand Mint, as Tokelau itself has no minting infrastructure — the territory's coin program exists almost entirely as a bullion and collector vehicle rather than circulating currency. The 2018 Dog issue corresponds to the 11th animal in the 12-year cycle, a year that also saw a surge in competing lunar silver rounds from Perth, Royal Canadian Mint, and others, making market differentiation the central commercial challenge for smaller-issuing territories like this one.