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5 Dollars - Elizabeth II Unicorn, gilded
| Issuer | Tokelau |
|---|---|
| Year | 2014 |
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| Composition | Log in to see details |
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| Diameter | 38.6 mm |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | · ELIZABETH II TOKELAU 2014 · IRB TOKELAU MO TE ATUA ~ Five Dollars - 1 oz 999 Silver ~ |
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| Edge | Reeded |
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| Additional information |
Tokelau — three coral atolls with no indigenous coinage tradition and a population under 1,500 — began issuing collector coins around 2012 under a New Zealand-administered program effectively designed for the bullion and numismatic export market. The coins carry no practical circulation function; they exist entirely as revenue instruments for a territory with almost no other exportable product.
The unicorn here draws from Scottish heraldic tradition, one of the supporters of the Royal Arms of the United Kingdom. Its appearance on a Tokelauan issue is purely a licensing and market decision.