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5 Dollars - Elizabeth II Year of the Horse

Issuer Tokelau
Year 2014
Type Non-circulating coin
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Obverse lettering ELIZABETH II TOKELAU 2014 / IRB / TOKELAU MO TE ATUA / FIVE DOLLARS 0.5g 9999 GOLD
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Reverse script Latin
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Additional information

Tokelau has no mint of its own and no meaningful domestic coin economy — these pieces are struck under contract, almost certainly by the New Zealand Mint, as part of a deliberate revenue program for a territory with a GDP measured in the low millions. The 2014 Lunar Horse issue in fractional gold targets the collector market directly, with KM#71b distinguishing the .9999 fine variant from companion issues in the same series.

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