Tokelau, a non-self-governing territory administered by New Zealand, became one of the more active issuers of commemorative bullion coinage in the Pacific despite having no independent monetary system and a resident population under 1,500. These coins are legal tender in name but produced entirely for the collector and bullion market. Elizabeth II died on 8 September 2022, and the subsequent rush among Commonwealth and associated mints to produce posthumous memorial issues resulted in a wave of 2023-dated strikes, this among them. KM#419 is one of several distinct Tokelau types from this commemorative cycle.
Tokelau, a non-self-governing territory administered by New Zealand, became one of the more active issuers of commemorative bullion coinage in the Pacific despite having no independent monetary system and a resident population under 1,500. These coins are legal tender in name but produced entirely for the collector and bullion market. Elizabeth II died on 8 September 2022, and the subsequent rush among Commonwealth and associated mints to produce posthumous memorial issues resulted in a wave of 2023-dated strikes, this among them. KM#419 is one of several distinct Tokelau types from this commemorative cycle.