2 Dollars - Elizabeth II Year of the Horse

Niue has functioned as a prolific vehicle for third-party coin programs since the 1990s, with the New Zealand territory lending its legal tender status to issues it has no economic stake in circulating. This piece is part of the broader lunar series market dominated by Perth Mint-style packaging and collector demand from East and Southeast Asian markets — the Year of the Horse cycle running 2014 fell during a particularly competitive period for silver lunar issues from multiple competing issuers.