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2 Dollars - Elizabeth II Anastasiya

Issuer Niue
Year 2020
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Currency Dollar of New Zealand (1987-date)
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Obverse lettering ELIZABETH II NIUE TWO DOLLARS IRB 2020
Reverse description Highly detailed, intricately rendered left-facing profile bust of Anastasiya, a feminine allegorical figure representing mortality, her elaborately styled hair adorned with intertwined branches, chrysanthemums, and other blossoms rendered in polychrome color. Multiple butterflies in vivid coloring are depicted in flight around her figure, while a human skull appears at the lower right, reinforcing the memento mori symbolism. The background field is treated in antique silver finish, providing stark contrast to the colorized floral and entomological elements. The overall artistic style is reminiscent of Art Nouveau illustrative engraving.
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Additional information

Niue has operated as a prolific bullion and collector coin issuer since the 1990s, leveraging its currency arrangement with New Zealand to produce licensed commemorative silver under the Elizabeth II obverse — a common mechanism among small Pacific island territories seeking seigniorage revenue from foreign collector markets. The "Anastasiya" issue belongs to a broader wave of privately commissioned fantasy pieces produced for the Eastern European collector market, where demand for large-format 50g silver rounds with idealized portrait subjects ran consistently high through the late 2010s.

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