At the top, the words ELIZABETH II, TOKELAU are engraved. Below this inscription, there is a portrait of Queen Elizabeth II, followed by the denomination 50 DOLLARS, under which the flag of the Tokelau Islands is depicted. Further below, the metal, weight, and fineness are indicated: 500 G FINE SILVER 999. At the bottom, there is a panoramic view of Madrid along with the inscription MADRID.
This is the first and last coin featuring the portrait of Queen Elizabeth II. This bullion piece is an official currency of the Tokelau Islands.
