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2 Dollars - Elizabeth II Cheetah

Issuer Niue
Year 2020
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Weight 31.1 g
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Obverse description Right-facing diademed and draped bust of Her Majesty Queen Elizabeth II, as sculpted by Ian Rank-Broadley, set against an intricate engine-turned guilloche background with a diamond-grid pattern in the lower field. The legend 'ELIZABETH II' arcs along the left rim and 'NIUE 2 DOLLARS' along the right rim, both in raised Latin letters. The date '2020' appears in the lower exergue. The entire obverse is treated with a black rhodium finish, imparting a dark antique appearance.
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Obverse lettering ELIZABETH II NIUE 2 DOLLARS IRB 2020
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Additional information

Niue's authority to issue legal tender coinage derives from a 1981 agreement with New Zealand, which remains responsible for the island's defense and foreign affairs. The arrangement has made Niue one of the most prolific small-territory mints in the modern collector market, with annual programs running into the hundreds of distinct types. Black rhodium plating on silver became fashionable among bullion-adjacent commemoratives in the mid-2010s primarily as a way to create selective contrast effects that photography reproduces well — a frank acknowledgment that the secondary market for these pieces runs almost entirely through online sales platforms.

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