Obverse: features the effigy of Queen Elizabeth II by renowned sculptor Ian Rank-Broadley (IRB). The surrounding inscriptions include ELIZABETH II · TOKELAU ·, the denomination 5 DOLLARS, and the year 2022.
Reverse: depicts a bull and a bear, iconic symbols of financial markets representing rising (bull) and falling (bear) trends. Below is the inscription 1 oz Ag 999.9 Fine Silver.
About the coin: a non-circulating bullion and collector coin issued by Tokelau between 2021 and 2022. Struck in .9999 fine silver, it weighs 31.1 g (1 troy ounce), has a diameter of 38.6 mm, and a reeded edge. Face value is 5 New Zealand Dollars (NZD). The coin is popular among investors and collectors for its modern design and financial symbolism.
