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100 Dollars - Charles III Queen Elizabeth II

Issuer Niue
Year 2023
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Value 100 Dollars
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Obverse script Latin
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Reverse description The reverse features a highly stylized, geometric portrait of Queen Elizabeth II executed entirely in intricate laser-engraved guilloche line work, creating an optical illusion effect from which the word ICON is concealed within the design. Concentric circular bands of fine engine-turned lines frame the central motif, producing a striking interplay of light and shadow across the polished gold surface. The composition contains no inscriptions, relying entirely on the precision of the lathe-engraved pattern to evoke the Queen's iconic image. The letters IC and ON are embedded within the geometric field as a hidden word feature, visible under specific lighting conditions.
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Niue's relationship with the Royal Mint and various private minting houses has made it one of the most prolific bullion and numismatic licensing jurisdictions in the Pacific, despite a permanent population under 2,000. This particular issue straddles an awkward transitional moment: Elizabeth II died in September 2022, and coins bearing both monarchs within a single issue reflect the lag between sovereign changeover and the retooling of existing coin programs already deep in production planning.

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