10 Dollars - Elizabeth II Tiger II

Part of the ongoing "Big Cats" bullion series produced for Niue through the New Zealand Mint, this issue belongs to a category of licensed legal tender that functions almost entirely as a collectible commodity rather than circulating currency. Niue, a self-governing island nation in free association with New Zealand, has been issuing numismatic silver through the NZM since the early 2000s — a revenue arrangement that contributes meaningfully to a national GDP measured in the low millions.

The "Tiger II" designation distinguishes it from the inaugural tiger release in the series, differentiating die designs across annual issues to sustain collector demand.