Catalog
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| Issuer | Niue |
|---|---|
| Year | 2020 |
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| Reference(s) | KM#3558 |
| Obverse description | Right-facing effigy of Queen Elizabeth II after the portrait by Ian Rank-Broadley, depicted with a diadem and wearing a necklace. The legend 'ELIZABETH II' arcs to the left and 'NIUE ISLAND' arcs to the right along the upper portion of the rectangular field, with the denomination '1 DOLLAR' inscribed vertically along the right margin. The date '2020' appears in the lower field beneath the portrait, and the engraver's initials 'IRB' are present below the truncation of the bust. The mirror-like proof fields provide a sharp contrast to the finely detailed relief of the effigy. |
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| Reverse lettering | POSTAGE B ONE PENNY. C |
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| Additional information |
The "Black Penny" is one of dozens of licensed colorized collector issues Niue has produced under long-standing agreements with the British Royal Mint and various private minting houses, leveraging its status as a New Zealand realm territory to issue legal tender with Elizabeth II's effigy. The original 1840 Penny Black — the world's first adhesive postage stamp — was printed in an edition of roughly 68 million, yet surviving mint-condition examples command thousands at auction, a reputation these coins trade on directly.
KM#3558 is a New Zealand Mint product struck to bullion-plus-premium pricing, with mintage typically capped to sustain secondary market demand.