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1 Dollar - Elizabeth II HMS Bounty

Issuer Niue
Year 2017
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Shape Round
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Obverse description Right-facing diademed and draped effigy of Queen Elizabeth II, wearing a tiara and drop earring, rendered in the Ian Rank-Broadley portrait style. The field features a finely engraved sunburst radial pattern emanating from behind the portrait. The legend ELIZABETH II arcs along the left periphery, NIUE at the top, and ONE DOLLAR along the right, with the date 2017 inscribed at the bottom below the truncation.
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Reverse description Central depiction of the full-rigged sailing vessel HMS Bounty under sail, shown in fine detail with masts, yards, and billowing sails, riding on stylized waves, with the name BOUNTY visible on the hull. The central device is framed by a compass rose motif with four prominent star-tipped cardinal points marked N, S, E, and W at the periphery of the inner border. The legend HALF TROY OUNCE arcs along the left field and .999+ FINE SILVER along the right field within the inner circle.
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Additional information

The HMS Bounty mutiny of 1789 has generated more commemorative coinage than almost any other single naval event, largely because the story — Fletcher Christian, William Bligh, a longboat crossing of 3,600 miles — sells. Niue has issued coins under licensing arrangements with the New Zealand Mint since the 1990s, using its sovereignty to enter the bullion and collector market in a way its tiny Pacific economy otherwise could not support.

The 15.5g specification places this squarely in the half-troy-ounce category, a format that became increasingly popular with Pacific island issuers after 2010.

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