1 Dollar - Charles III Seasons

Niue has operated as a bullion and commemorative issuing vehicle for the New Zealand-based New Zealand Mint since the 1990s, leveraging its status as a self-governing state in free association with New Zealand to access international coin markets. The arrangement is straightforwardly commercial — Niue itself has a population under 2,000 and no domestic demand for silver collectibles.

Charles III's effigy began appearing on Commonwealth realm coinage following Elizabeth II's death in September 2022, with the portrait by Martin Jennings adopted as the standard obverse for most Commonwealth issues from 2023 onward.