2 Dollars - Elizabeth II Shrek

Niue has long operated as one of the more commercially aggressive licensors of novelty bullion coinage, leveraging its sovereign mint agreements to produce pop-culture issues that circulate almost exclusively among collectors rather than on the island itself. The Shrek series falls squarely in that category — DreamWorks licensing deals have produced multiple Pacific island issues across different denominational formats, with Niue being a repeat issuer.

KM#4201 is a one-troy-ounce fine silver piece with no realistic circulation history.