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5 Dollars - Elizabeth II Bull and Bear
| Issuer | Government of Tokelau |
|---|---|
| Year | 2021-2022 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dollar of New Zealand (1978-date) |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | High-relief depiction of a charging bull and a rearing bear facing one another across the field, symbolising opposing forces in financial markets. The bull, positioned to the left, lunges forward with raised forelegs and lowered horns, while the bear to the right rears up with open jaws and extended claws, rendered with fine textural detail in the fur and musculature. The mintmaster's privy mark appears in the lower left field. The legend '1oz Ag 999.9 Fine Silver' is inscribed in three parts across the upper field. The background is deeply recessed and polished to a mirror finish, enhancing the three-dimensional sculptural quality of the design. |
| Reverse script | Log in to see details |
| Reverse lettering | 1 oz Ag 999.9 Fine Silver |
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| Additional information |
Tokelau's coinage has no domestic monetary function — the territory uses the New Zealand dollar in daily life, and its coin program exists entirely as a licensed bullion and collector vehicle administered through external distributors. The Bull and Bear series taps directly into financial iconography familiar to international precious metals buyers, a calculated positioning for a program competing in a crowded modern bullion market. One troy ounce of .9999 fine silver is the draw; the Tokelau name on the obverse is largely incidental.