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25 Dollars - Elizabeth II Victory Day: Japan

Issuer Niue
Year 2020
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Technique Milled
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Obverse description Right-facing diademed and draped effigy of Queen Elizabeth II, after the portrait by Ian Rank-Broadley, occupies the central field, flanked by two laurel branches arranged in a V-shape against a mirror-polished background. The denomination 25 DOLLARS arcs along the upper legend, while ELIZABETH II · 2020 runs along the lower left and NIUE ISLAND · Au 999,9 along the lower right. The engraver's initials IRB appear below the truncation, accompanied by the Czech Mint mark CM and the designer's initials mh.
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Mintage 2020 CM - Proof - 99
Additional information

Victory over Japan Day — marked on August 15 in Commonwealth nations and September 2 in the United States, depending on whether surrender or formal signing is taken as the endpoint — has been commemorated in coin form repeatedly since the conflict's 75th anniversary approached. Niue's use of its New Zealand-backed dollar for bullion and commemorative issues is a long-established licensing arrangement, producing gold coins with no domestic circulation whatsoever.

The 15.56g weight is a half-troy-ounce specification, the commercial standard for this tier of the modern commemorative bullion market.

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