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5 Dollars - Elizabeth II Equilibrium

Issuer Tokelau
Year 2021
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Composition Silver (.9999)
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Obverse description Right-facing effigy of Queen Elizabeth II after the fourth portrait by Ian Rank-Broadley, depicting the Queen wearing the Girls of Great Britain and Ireland tiara. The legend ELIZABETH II - TOKELAU arcs along the upper periphery, while the denomination 5 DOLLARS is inscribed along the lower periphery. The date 2021 is split to either side of the portrait in the field, flanked by four circular decorative elements. The entire field is engraved with a intricate pattern of fine radiating and undulating lines, creating a dynamic optical effect. The engraver's initials IRB appear beneath the truncation of the effigy.
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Edge Reeded
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Additional information

Tokelau — three Pacific atolls with a combined land area under 12 square kilometers and no indigenous coinage tradition — has issued collector silver almost exclusively through the New Zealand Mint under licensing arrangements, with the resulting pieces having no circulation function whatsoever in the territory itself.

The KM# 10 attribution places this within a short series built around philosophical and natural harmony themes marketed heavily to the bullion-collector crossover market in the early 2020s.

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