1 Dollar - Elizabeth II Sagittarius

Niue has issued legal tender coinage under a licensing arrangement with private mints since the 1970s, functioning effectively as a revenue vehicle rather than a circulating monetary system. This Sagittarius piece is part of a zodiac bullion series — collectible silver rounds wearing a crown colony's legal tender status as commercial scaffolding. The coin never circulated, was never intended to, and the "1 Dollar" face value bears no relationship to either the silver spot price or Niue's actual economic activity.