2 Dollars - Elizabeth II Great Barrier Reef

Niue has functioned as a prolific licensing vehicle for New Zealand and international bullion dealers since the 1990s, issuing coins under its own authority while having virtually no domestic circulation use for them. This piece is part of a broad push by the Perth Mint and associated distributors to capture the nature-themed collector bullion market, with the Great Barrier Reef series riding heightened international attention around reef bleaching events documented extensively from 2016 onward.

The freshwater pearl insert is sourced to Australian suppliers, though the specific origin varies by production run — a detail that affects secondary market appeal more than catalog value.