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1 Dollar - Elizabeth II Peter The Great

Issuer Niue
Year 2011
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Value 1 Dollar
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Obverse description Central field features a detailed colored depiction of the sailing ship Peter the Great set against a panoramic view of the Peter and Paul Fortress in Saint Petersburg. The fortress walls, bastions, and the distinctive spire of the Peter and Paul Cathedral are rendered in color in the background. The surrounding legend reads ELIZABETH II NIUE ISLAND ONE DOLLAR 2011, positioned along the upper and lower periphery of the coin.
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Reverse description Central design depicts a colored portrait of Tsar Peter the Great in imperial regalia, holding in his hands both the obverse and reverse of a gold coin bearing his effigy. The composition draws attention to his role as reformer of Russian coinage and founder of the modern Russian monetary system. The dates 1672-1725, denoting the Tsar's birth and death years, appear in the field, serving as the principal inscription on this face.
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Peter the Great's monetary reform of 1704 — which introduced the silver ruble subdivided into 100 kopeks — was one of the most consequential fiscal restructurings in Russian history, effectively ending the old wire-money system and forcing Russia into alignment with Western European coinage conventions. Niue's licensing of commemorative dollars through New Zealand's reserve banking arrangement has made the island a prolific issuing authority for exactly this kind of themed silver.

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