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2 Dollars - Elizabeth II Roaring Lion

Issuer Niue
Year 2021
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Diameter 39 mm
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Obverse description Right-facing diademed and draped bust of Queen Elizabeth II after the effigy by Ian Rank-Broadley, set against a finely engraved sunburst radiating field. The legend ELIZABETH II arcs along the left periphery, with NIUE along the upper arc and TWO DOLLARS along the right periphery. The engraver's initials IRB appear below the truncation, and the date 2021 is inscribed in the lower field.
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Reverse lettering את SEND OUT YOUR LIGHT AND YOUR TRUTH ONE TROY OUNCE .9999 FINE SILVER
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Additional information

Niue's coin program operates entirely as a licensing arrangement — the island issues legal tender under New Zealand's monetary umbrella while retaining none of the silver itself, with production contracted to the Perth Mint or similar facilities and revenue flowing back through royalty agreements. The "Roaring Lion" belongs to a crowded field of wildlife-themed bullion issues that proliferated sharply after 2010 as sovereign mints competed for the stackable one-ounce silver market.

At .9999 fineness, this exceeds the more common .999 standard — a distinction that carries marginal metallurgical significance but functions primarily as a marketing differentiator among competing bullion programs.

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