1 Dollar - Charles III Fly agaric

Niue has operated as a vehicle for third-party commemorative programs since the 1990s, issuing coins under its name that bear no practical relationship to the island's 1,600-person economy. The arrangement is straightforward: the New Zealand-dependent territory licenses its monetary authority to foreign minting operations, collecting royalties while the actual product targets collector markets in Europe and North America. This piece falls squarely in that category.

The fly agaric — Amanita muscaria — has become one of the more reliably commercial subjects in the Central European collector coin market, particularly among Polish and German buyers.