5 Tala - Elizabeth II VE Day

Tokelau's commemorative program in the 1990s was administered through New Zealand's Royal Mint arrangements, as the territory has no minting infrastructure of its own. This piece marks the 50th anniversary of VE Day, part of a wave of Pacific island commemoratives issued across 1995–1997 that largely targeted the collector market rather than any local circulation need — Tokelau's effective population at the time was under 1,500 people across three atolls.