Tokelau has become a prolific issuer of collector silver over the past decade, functioning essentially as a licensing vehicle for the New Zealand government, which administers the territory. The Gemini release is part of a zodiac bullion series marketed internationally — the island group itself has a permanent population of roughly 1,500 and no mint of its own.
KM#447 places this squarely in a dense run of Tokelauan issues catalogued in recent years, most struck at private mints in Poland or Australia under contract.
Tokelau has become a prolific issuer of collector silver over the past decade, functioning essentially as a licensing vehicle for the New Zealand government, which administers the territory. The Gemini release is part of a zodiac bullion series marketed internationally — the island group itself has a permanent population of roughly 1,500 and no mint of its own.
KM#447 places this squarely in a dense run of Tokelauan issues catalogued in recent years, most struck at private mints in Poland or Australia under contract.