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2 Dollars 50 Cents - Elizabeth II Krugerrand
| Issuer | Niue |
|---|---|
| Year | 2021 |
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| Composition | Log in to see details |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Rectangular reverse designed as a miniature homage to the iconic South African Krugerrand, depicting a springbok in right profile occupying the right portion of the field, with the partial legend SOUTH AFRIC arcing above in the style of the original Krugerrand reverse. The year 1967, commemorating the first year of issue of the Krugerrand, is boldly inscribed vertically on the left side of the rectangular field. The background is filled with a repetitive geometric pattern of stylized M and W motifs, evoking the security design elements associated with the South African Mint. A small mintmaster's mark is visible to the right of the springbok. |
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| Additional information |
This fractional issue piggybacks on the Krugerrand's 1967 South African debut — the first bullion coin in the world designed for private ownership rather than monetary circulation. Niue's legal tender framework has made it a favored issuing authority for novelty bullion pieces, contributing essentially no coins to actual commerce. At 0.31 grams, the gold content is negligible by any bullion standard.