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5 Dollars - Charles III Mustang

Issuer Tokelau
Year 2024
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Currency Dollar of New Zealand (1978-date)
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Obverse script Latin
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Reverse description A powerful Mustang horse galloping at full stride toward the viewer, depicted in dynamic high relief with its mane and tail streaming dramatically in the wind. The composition is set against a detailed Western landscape featuring sparse prairie grasses, a gnarled bare tree to the left, and a rocky mesa formation to the right. The legend MUSTANG arcs along the upper portion of the field, while the inscription 1 oz Fine Silver 999 appears in the lower exergual area in a cursive script.
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Additional information

Tokelau has become a prolific issuer of bullion and collector silver under New Zealand's administrative oversight, producing coins with no relationship to local commerce — the territory's roughly 1,500 residents use the New Zealand dollar in daily life. This Mustang issue is part of a broader licensed series capitalizing on American iconography for the international collector market.

The five-dollar face value is nominal, set by Tokelau ordinance purely to satisfy legal tender requirements for the series.

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