½ Dollar - Charles III The Last Supper

Niue has operated as a reliable vehicle for novelty collector issues since the 1990s, licensing its monetary authority to third-party mints producing pieces with no meaningful circulation history on the island itself. The arrangement is straightforward: New Zealand underwrites Niue's currency, and Niue sells its name.

This piece is copper-nickel in a market where comparable devotional issues are typically silver — a cost decision that places it firmly in the mass-market souvenir tier rather than the numismatic one.