Catalog
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| Issuer | Niue |
|---|---|
| Year | 2020 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse script | Latin |
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| Edge | Plain |
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| Additional information |
Niue has become one of the Pacific's most prolific bullion and commemorative issuers not through any domestic monetary need — the island's population hovers around 1,600 — but through a licensing arrangement that lets the New Zealand-administered territory lend its sovereign name to coins produced entirely for the collector market. This piece commemorates Magellan's circumnavigation expedition of 1519–1522, which he did not survive; he was killed in the Philippines in April 1521, leaving Juan Sebastián Elcano to complete the voyage with 18 survivors from an original crew of roughly 270.