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200 Dollars - Elizabeth II General Douglas MacArthur

Issuer Government of Niue
Year 1989
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Value 200 Dollars
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Reverse description The reverse presents a finely detailed portrait bust of General Douglas MacArthur facing slightly to the right, depicted in full military uniform with his characteristic peaked cap bearing the United States Army eagle insignia. Five stars arranged diagonally in the left field signify his rank of General of the Army. The surrounding legend reads GENERAL DOUGLAS MacARTHUR · DEFENDER OF FREEDOM along the upper arc, with the denomination 200 DOLLARS inscribed to the right of the portrait, and the motto · OLD SOLDIERS NEVER DIE · along the lower arc.
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Reverse lettering GENERAL DOUGLAS MacARTHUR · DEFENDER OF FREEDOM 200 DOLLARS • "OLD SOLDIERS NEVER DIE" •
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Additional information

Niue's gold commemorative program of the late 1980s was essentially a licensing operation — the island nation of roughly 1,700 people had negligible domestic demand for $200 gold coins and issued them almost entirely for the international collector market. MacArthur was a reliable seller in that market, particularly in the United States and Japan, the two countries most directly shaped by his postwar command.

KM#42 corresponds to a mintage authorized well below 1,000 pieces, consistent with Niue's practice of keeping commemorative runs tight to sustain secondary market premiums.

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