Part of Niue's "Twelve Days of Christmas" series issued across 2009 and 2010, this coin exists primarily as a collector vehicle leveraging Niue's status as a self-governing territory in free association with New Zealand — an arrangement that grants it the right to issue its own legal tender while outsourcing virtually all actual monetary function to the New Zealand dollar. The series was produced by the New Zealand Mint on contract.
KM#451 is the tenth installment. Demand for complete sets drives individual piece valuations upward disproportionately when any single issue becomes harder to source.
Part of Niue's "Twelve Days of Christmas" series issued across 2009 and 2010, this coin exists primarily as a collector vehicle leveraging Niue's status as a self-governing territory in free association with New Zealand — an arrangement that grants it the right to issue its own legal tender while outsourcing virtually all actual monetary function to the New Zealand dollar. The series was produced by the New Zealand Mint on contract.
KM#451 is the tenth installment. Demand for complete sets drives individual piece valuations upward disproportionately when any single issue becomes harder to source.