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20 Dollars - Elizabeth II Love v.2

Issuer Tokelau
Year 2021
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Value 20 Dollars
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Obverse lettering 2021 Tokelau IRB Elizabeth II 20 New Zealand Dollars 3 oz. Fine Silver 99.9%
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Edge Smooth
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Additional information

Tokelau — three Pacific atolls with a combined land area of roughly 12 square kilometres and no indigenous coinage tradition — began issuing collector silver under New Zealand administrative authority primarily as a revenue mechanism. The territory has no mint of its own; production is contracted out, and the "Love" series is among several themed issues designed specifically for the bullion gift market rather than any domestic monetary purpose.

At 93.3 grams of .999 silver, this sits just above the three-troy-ounce mark — a weight chosen deliberately to distinguish it from standard one- and two-ounce issues on retail shelves.

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