2 Dollars - Elizabeth II Romans

Niue's licensing arrangement with the New Zealand government allows it to issue legal tender coins that are, in practice, collector products sold internationally — never intended to circulate on the island itself, where New Zealand dollars serve all commercial functions. This particular issue belongs to a broader numismatic series marketed toward ancient history collectors, a category that expanded sharply after the Royal Canadian Mint demonstrated strong demand for themed silver rounds in the early 2000s.

KM#1395 is a catalog reference, not a guarantee of unified die use; Niue-issued commemoratives of this period were struck under contract at several private facilities across Europe.