5 Dollars - Charles III Sagittarius

Tokelau has become one of the more prolific issuers of themed bullion and collector silver in the Pacific, a function of its administrative relationship with New Zealand, which handles the territory's external affairs and provides the legal framework for these issues. The coins carry legal tender status but circulate nowhere — Tokelau's roughly 1,500 residents use the New Zealand dollar for daily transactions.

KM#451 is part of a zodiac series. Sagittarius editions from various mints have flooded the collector market since roughly 2015; this entry is undistinguished within that crowded field.