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2 Dollars - Elizabeth II Gaz M-20

Issuer Niue
Year 2008
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Value 2 Dollars
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Obverse description Crowned and draped right-facing effigy of Queen Elizabeth II after Ian Rank-Broadley, wearing the George IV State Diadem and a pearl necklace, with the engraver's initials IRB visible at the truncation. The portrait is set within a polished inner field bordered by a raised ring, itself surrounded by an outer border of raised beads. The circumferential legend reads 'ELIZABETH II • NIUE •' to the upper left and 'TWO DOLLARS' to the right, with the date '2008' positioned in the lower exergual area.
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Obverse lettering ELIZABETH II • NIUE • TWO DOLLARS 2008
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Additional information

This piece belongs to a wave of Pacific island collector silver issued in the late 2000s, when Niue — a self-governing territory in free association with New Zealand — was aggressively licensing its coining rights to private minting operations. The Gaz M-20 Pobeda, the car celebrated here, was a Soviet prestige vehicle produced from 1946 at the Gorky Automobile Plant, designed partly to reward party officials and military officers. Its name, meaning "victory," was chosen deliberately in the immediate postwar atmosphere.

Actual circulation on Niue: none. These were struck for the collector market and never left dealers' hands.

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