2 Dollars - Elizabeth II Legolas

Niue has long leased its sovereign issuing authority to third-party minting programs, and this piece is a product of that arrangement — a licensed Lord of the Rings release with no connection to Niuean monetary history whatsoever. The island's GDP is smaller than the mintage runs of most coins bearing its name.

New Line Cinema's licensing agreements for Tolkien merchandise have generated coin programs across multiple Pacific island issuers since the early 2000s, a direct consequence of the films' production in New Zealand.