5 Dollars - Charles III Golden Eagle

Niue has functioned as a coin-issuing jurisdiction for international bullion and collector programs since the 1990s, operating under a longstanding arrangement with New Zealand that grants it the legal authority to issue currency despite a population under 2,000. The five-dollar face value is nominal fiction — no one spends these.

The "Golden Eagle" designation refers to selective gold gilding applied over the .999 silver planchet, a finishing technique that became commercially dominant in the bullion collectibles market after Perth Mint popularized it in the 2000s.