2 Dollars - Elizabeth II Unicorn

Niue's relationship with commemorative silver coinage is essentially a licensing arrangement — the island's monetary authority lends its name and nominal face value to issues produced entirely for the collector market, with the New Zealand dollar serving all actual transactional needs. This particular release belongs to a broader Tudor Beasts series drawing on the heraldic supporters used during the reigns of Henry VII and his successors, a program that has run across multiple mints and issuers simultaneously, which can complicate provenance for registry collectors.