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1 Dollar - Elizabeth II Kuzbass

Issuer Niue
Year 2012
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Currency Dollar of New Zealand (1987-date)
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Obverse description Right-facing crowned effigy of Queen Elizabeth II, depicted with a pearl necklace and wearing the George IV State Diadem, rendered in high relief against a mirror-polished field. The portrait is encircled by a beaded inner border. The legend ELIZABETH II is inscribed along the left arc, NIUE along the upper arc, ONE DOLLAR along the right arc, and the date 2012 along the lower arc, all in raised Latin lettering.
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Obverse lettering ELIZABETH II · NIUE · ONE DOLLAR 2012
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Additional information

Niue has operated as a prolific licensing vehicle for third-party commemorative programs since the 1990s, issuing coins under its authority for subjects ranging far beyond any connection to the island itself. This piece belongs to a Russian regional series honoring Kuzbass — the Kuznetsk Basin in western Siberia — one of the world's largest coal-producing regions. The arrangement is straightforward: Niue provides the legal tender framework, a private mint handles production, and the collector market in the target country absorbs the output. Actual circulation on Niue is essentially theoretical.

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