2 Dollars - Elizabeth II Minotaur

Niue's legal tender coinage program is essentially a licensing operation — the island issues coins under New Zealand monetary authority but retains none in circulation, functioning instead as a vehicle for international bullion and collector markets. The Minotaur piece belongs to a broader mythology series produced in collaboration with the New Zealand Mint, which has handled Niue's commemorative output for years.

The Minotaur of Greek myth was imprisoned in a labyrinth beneath Knossos by King Minos — its existence a dynastic secret, its feeding a political instrument used to humiliate Athens through annual tribute.