2 Dollars - Elizabeth II Ali Baba and 40 Thieves

Niue has operated as a de facto license plate for the international bullion and collector-coin industry since the 1990s, leasing its sovereign issuing authority to foreign mints — primarily Perth and a handful of European producers — with little connection to the island's 1,600-odd residents. This piece is part of a broader fairy-tale and folklore series capitalizing on the nosaic appeal of fine silver rounds dressed as legal tender.

The Ali Baba narrative derives from Antoine Galland's early 18th-century French interpolation into One Thousand and One Nights — it has no verified Arabic manuscript source and was likely Galland's own invention, or drawn from oral tradition he encountered in Syria around 1709.