Catalog
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| Issuer | Government of Niue |
|---|---|
| Year | 2012 |
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| Diameter | 40 mm |
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| Obverse description | The obverse displays the crowned effigy of Queen Elizabeth II after the portrait by Raphael David Maklouf, positioned in the upper left corner of this distinctive square flan with one curved corner. Surrounding the portrait, the field is engraved with a dramatic apocalyptic scene depicting a robed figure astride a rearing horse amid turbulent clouds and swirling drapery, rendered in fine antiqued relief. The legend NIUE ISLAND · ELIZABETH II · 1 DOLLAR appears along the left and upper edges of the flan, with the date 2012 positioned vertically along the right edge. The overall composition integrates the royal portrait seamlessly into the broader narrative imagery, characteristic of this Apocalisse series. |
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| Obverse lettering | NIUE ISLAND · ELIZABETH II · 1 DOLLAR 2012 |
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| Additional information |
Niue has operated as a prolific licensed issuer for collector coinage since the 1990s, effectively leasing its sovereign mint authority to foreign distributors and bullion marketers. The Black Horse dollar falls squarely into this commercial collector model — produced not for any domestic monetary purpose but for the international numismatic gift market, with Niue's name providing the legal tender framework while the actual design and distribution originated elsewhere.
KM#983 is one of dozens of similarly specified issues from this period sharing identical planchet specifications with New Zealand Post commemoratives and other Pacific-region collector programs.