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25 Dollars - Elizabeth II Brave Little Tailor

Issuer Niue
Year 2016
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Currency Dollar of New Zealand (1987-date)
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Obverse description Right-facing effigy of Queen Elizabeth II after Ian Rank-Broadley's fourth definitive portrait, depicting the Queen wearing the Girls of Great Britain and Ireland tiara. The legend 'ELIZABETH II' arcs along the left rim, 'NIUE' appears at the top of the field, and '25 DOLLARS' arcs along the right rim. The date '2016' is inscribed in the lower exergue. The engraver's initials 'IRB' appear below the truncation of the bust.
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Edge Reeded
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Additional information

Niue's arrangement with the New Zealand Treasury allows it to issue legal tender coins with face values bearing no relationship to circulation reality — the $25 denomination here is a licensing fiction that enables distribution through numismatic channels. The Brave Little Tailor design is part of a broader fairy tale bullion series aimed squarely at the collector market, where the .9999 gold specification is the actual selling point. The face value is irrelevant the moment it leaves the mint.

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