1 Dollar - Elizabeth II Small Horse

正面描述	Crowned effigy of Queen Elizabeth II facing right, after the Ian Rank-Broadley portrait, set within a circular field against a mirrored proof background. The legend ELIZABETH II arcs along the upper left, the date 2012 appears at the top, and NIUE ISLAND arcs along the upper right. Below the effigy, the denomination inscription 1/24th of 24 Dollars is incused along the lower field.
正面文字	Latin
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附加信息	Niue's dollar coinage program has functioned primarily as a revenue-generating vehicle for the Pacific island territory since the 1970s, with collector issues far outnumbering anything intended for domestic circulation. The "Small Horse" designation distinguishes this piece within a broader Chinese Lunar series, where design variants and sub-types proliferated rapidly enough that even specialist dealers occasionally conflate them. KM#920 attribution places it firmly within the explosion of New Zealand Mint-produced Niue issues from this period — a market that peaked sharply around 2012–2014 before secondary values softened considerably on most types.

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