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2 Dollars - Elizabeth II Bailey

Issuer Niue
Year 2016
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Value 2 Dollars
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Obverse description Right-facing effigy of Queen Elizabeth II, rendered in the fourth definitive portrait by Ian Rank-Broadley, wearing a tiara and pearl earring. The legend 'ELIZABETH II' arcs along the left rim and 'NIUE TWO DOLLARS' along the right rim. The date '2016' appears in the lower exergue, and the engraver's initials 'IRB' are incused below the truncation of the bust. The portrait is executed in high relief against a polished field.
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Edge Reeded
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Additional information

Niue has functioned since the 1990s as a licensing issuer for collectible coinage, producing legal tender coins that circulate nowhere and are minted entirely for the numismatic market. The "Bailey" designation refers to a themed series rather than a monetary function — Niue's arrangement with the New Zealand Mint allows it to authorize silver issues under its sovereignty while retaining none of the distribution infrastructure of a conventional monetary authority.

KM#1335 sits in a crowded field of similar Niue issues from this period, most with mintages kept deliberately low to sustain collector demand.

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