Silver Ounce (1 oz), Bullion, Coin Type from Tokelau - detailed information

Silver Ounce (1 oz), Bullion, Coin Type from Tokelau (issued 2014 - )
Coin TypeSilver Ounce (1 oz), Bullion

Tokelau, known previously as the Tokelau Islands, is a dependent territory of New Zealand in the southern Pacific Ocean. It uses the New Zealand Dollar as circulation currency, but has been issuing a variety of non-circulating coins since 1978, and has also authorised some foreign mints to issue bullion coins under its jurisdiction.

The silver ounce (abbreviated as 1 oz) is an internationally popular format, and is denominated as Five Dollars.

Coins are considered "bullion" when they are issued with relatively high mintage and at prices close to the intrinsic value of their metal content. For Non-Circulating Legal Tender (NCLT) coins issued at a high premium, see silver ounce (NCLT) from Tokelau.

Obverse
Tokelau / Silver Ounce (1 oz), Bullion - obverse photo

Effigy of the ruling monarch, legend, face value, date of issue.

Obverse Inscription Legend of the ruling monarch, face value, date
Reverse
Tokelau / Silver Ounce (1 oz), Bullion - reverse photo

Various designs as individually described below.

Reverse Inscription
EdgeMilledEdge InscriptionNone
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Royal Mint
Royal Mint
Silver Ounce (1 oz), Bullion: Details
CountryTokelau
CurrencyTokelau Dollar
From2014
Face Value5 (x Dollar)
CurrentYes
Material0.999 Silver
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size38.600 mm
Mass31.100 g