Catalog
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| Issuer | Niue |
|---|---|
| Year | 1988 |
| Type | Collector coin |
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| Composition | Log in to see details |
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| Obverse description | The quartered national arms of Niue, surmounted by a royal crown, occupy the central field, flanked on either side by a stylised silver fern frond. The shield displays the Southern Cross stars, three sailing ships, a sheep, crossed hammers, and a shell, representing the island's heraldic symbols. The country name NIUE arcs along the upper left legend, with the date 1988 to the upper right, both rendered in bold relief against a polished field. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | NIUE 1988 |
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| Additional information |
Niue's 1988 silver kilo series exploited a loophole that irritated serious numismatists from the outset: the island's monetary agreement with New Zealand allowed it to issue legal tender denominated in NZD without Reserve Bank oversight, making it an early and prolific participant in the commemorative coin boom that flooded collector markets through the late 1980s. The tennis subject matter — three players across three generations — was timed to capitalize on the sport's peak commercial moment, with Graf mid-dominant-season and Navratilova's rivalry with Evert still unresolved on the tour.
KM#40 is one of several issues from this Niue series whose actual distribution and sell-through figures were never publicly confirmed by the issuing agent.