2 Dollars - Charles III Venom

Niue has operated as a licensing vehicle for themed bullion and collector issues since the early 2000s, contracting with the New Zealand Mint to produce pop-culture and licensed-character coins that have no meaningful relationship to the island's 1,600-person economy. The arrangement is legal under Niue's status as a self-governing territory in free association with New Zealand, which handles defense and foreign affairs but leaves revenue-generating schemes like this entirely to Nukualofa's discretion.

The Marvel licensing agreement behind this piece is held by a third-party distributor, not the issuing authority itself.