10 Dollars - Elizabeth II Posthumous, Year of the Rabbit: Bugs Bunny

Niue has long licensed Warner Bros. characters for its legal tender coinage, a revenue arrangement that has nothing to do with numismatics and everything to do with the island's GDP. This particular piece conflates the Chinese lunisolar calendar's Year of the Rabbit with a Looney Tunes property — a marketing decision made possible by the fact that Niue's coinage authority operates almost entirely as a bullion and novelty licensing vehicle, with the island's roughly 1,500 residents having no practical use for a 93-gram silver coin.

As a posthumous Elizabeth II issue, it falls into the transitional period when many Commonwealth mints were still clearing approved designs bearing her effigy.