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25 Dollars - Elizabeth II Silver Note Coinbar
| Issuer | Niue |
|---|---|
| Year | 2022 |
| Type | Log in to see details |
| Value | 25 Dollars |
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| Composition | Log in to see details |
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| Obverse description | The obverse face of this rectangular cast silver coinbar is styled in the manner of a banknote, featuring a fine wavy-line guilloche background pattern across the entire field. At center, a raised hexagonal cartouche frames the right-facing effigy of Queen Elizabeth II, with flanking diamond-shaped geometric ornaments incorporating fine lattice and honeycomb detailing. The denomination '25 DOLLARS' appears in the upper right corner, while the legend 'ELIZABETH II' and the issuing authority 'NIUE 2022' are inscribed vertically along the left border. The weight and fineness 'IN ARGENTUM VERITAS' and '10 OZ FINE SILVER 9999' are prominently displayed, with an individual serial number prefixed 'SN' struck in the lower left field, and a triangular security device in the lower right corner. |
|---|---|
| Obverse script | Latin |
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| Additional information |
The "coinbar" format — a rectangular silver bar with a coin legal-tender designation struck into it — has been aggressively marketed through Pacific island jurisdictions since the 2010s, with Niue among the most prolific hosts. The arrangement suits both parties: the issuer collects seigniorage on a nominal face value wildly below the bullion content, and the mint secures a legal framework for the product without needing domestic infrastructure. Niue itself has no independent mint.
The "Silver Note" branding references the visual language of paper currency pressed onto fine silver — a format pioneered by a handful of European private mints seeking novelty in a crowded bullion market.