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2 Dollars - Elizabeth II Year of the Horse

Issuer Tokelau
Year 2014
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Weight 31.1032 g
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Obverse description Right-facing diademed and draped effigy of Queen Elizabeth II after the Ian Rank-Broadley portrait, set against a finely textured field. Below the portrait, a depiction of the traditional Tokelauan fakaalofa (meeting house) chest is rendered in relief, accompanied by a ribbon banner bearing the Tokelauan motto TOKELAU MO TE ATUA. The engraver's initials IRB appear below the truncation of the bust. The surrounding legend reads ELIZABETH II to the left, 2014 at the top, TWO DOLLARS to the right, and TOKELAU at the base, all separated by raised dot stops on the polished oval rim.
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Reverse lettering YEAR OF THE HORSE
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Additional information

Tokelau's coinage program is administered through New Zealand and has, since roughly 2012, leaned heavily into the bullion and collector market with themed annual releases. The atoll territory has no meaningful domestic coin circulation — these pieces are struck expressly for sale to collectors, with the New Zealand Mint handling production.

The 2014 Year of the Horse issue falls within a Chinese lunar calendar series, a format widely licensed to small sovereign territories during this period as a vehicle for one-troy-ounce .999 silver sales. KM#182 assigns it catalog legitimacy, but its existence is commercial rather than monetary.

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