A long tradition in the jargon of stock trading describes the cyclical nature of the markets, with alternate rises and falls in an overall value called “bull” and “bear” markets. The small island dependency of Tokelau, under the umbrella of the Realm of New Zealand, pays tribute to the symbolic animals attached to these terms with a remarkable kilogram bullion collectible that showcases the Bull with the up-thrust horns associated with a market on the rise, and the down-swiping claws of the Bear representing a falling market. Both are an inherent part of the dynamism of stock trading, celebrated by the 2022 Tokelau Bull and Bear 1 Kilo Silver Coin, a Brilliant Uncirculated collectible now on offer from Provident Metals.
The 2022 Tokelau Bull and Bear Silver Coin is a gorgeous kilogram bullion collectible that showcases Brilliant Uncirculated quality with original-mint luster, providing just over 32 Troy Ounces of pure silver and beautiful engraved artwork to satisfy investors and discerning collectors alike. It ships in secure plastic packaging, fully insured against loss or damage by the Provident Metals team.
The obverse side features a classic profile effigy of the late Queen Elizabeth II set against a decorative background. It’s surrounded at the rim by the inscriptions “50 DOLLARS,” “2022,” “QUEEN ELIZABETH II,” and “TOKELAU.”
The symbolic Bull and Bear appear in high relief engraved art on the reverse side, posed dynamically with the Bull preparing for a charge and the Bear rearing up in mid-roar. A small inscription at the upper rim verifies its silver contents.
The terminology of “bull” and “bear” in stock market jargon is centuries old. The “bear” came first, alluding to the proverb “it is not wise to sell the bear’s skin before one has caught the bear.” The “bearskin” was shortened to “bear,” and referred originally to crooked brokers and stock-selling practices that promised real value for something unreal or purely speculative, such as happened during the infamous South Sea Bubble in the early 18th century in which multitudes of traders were found to be selling stock they did not own. It was a financial debacle for so many investors that it permanently identified the word “bear” with market downturns. Alexander Pope contributed the term “bull” as a poetic counterpoint to “bear,” writing of the scandal in 1720: “Come fill the South Sea goblet full; / The gods shall of our stock take care: / Europa pleased accepts the Bull, / And Jove with joy puts off the Bear.” Bulls and Bears have symbolized the waxing and waning of the markets ever since.
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|Mint Mark||Not Shown|
|Certificate of Authenticity||No|
|Metal Content||32.15 Troy Ounces|
|Shipping||Orders over $199 Ship Free|
|Product Series||Bull and Bear|
|Designer (Obverse)||Ian Rank-Broadley|