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2 Dollars - Elizabeth II Narcissus

Issuer Niue
Year 2016
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Value 2 Dollars
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Obverse description Right-facing crowned effigy of Queen Elizabeth II after the third portrait by Raphael David Maklouf, depicting the Queen wearing the George IV State Diadem and a pearl necklace. The legend 'ELIZABETH II' arcs along the left field and 'TWO DOLLARS' along the right field, with 'NIUE' inscribed at the top and the date '2016' at the bottom. The engraver's initials 'RDM' appear below the truncation of the portrait. The design is surrounded by a beaded border and rendered in antique finish.
Obverse script Latin
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Additional information

Niue's arrangement with the New Zealand Mint has made it one of the more prolific issuers of themed silver bullion rounds dressed as legal tender since the early 2000s — the nominal face value has no practical monetary function on the island, whose roughly 1,600 residents use the New Zealand dollar for daily commerce. This piece is part of a broader floral series, struck to standard one-troy-ounce specifications and sold primarily to the collector and investor markets in Europe and Asia.

KM#1372 sees relatively consistent secondary market turnover but no particular numismatic premium beyond melt.

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