5 Dollars - Elizabeth II Pegasus, colored

Tokelau — three atolls in the South Pacific with no indigenous coinage tradition and a total land area under 12 square kilometers — has issued collector coins since 2012 under a licensing arrangement that effectively outsources its numismatic program to private minting interests. The Pegasus issue is part of a broader series targeting the bullion and colored-coin collector market, with the New Zealand government administering Tokelau's affairs providing the legal framework for the face value.

KM#70.1 distinguishes the colored variant from the plain strike listed as KM#70.