5 Dollars - Charles III Great white pelican

Niue has functioned as a prolific vehicle for third-party bullion and collector issues for decades, its sovereign status providing legal tender designation while actual production and distribution is handled entirely offshore. The Great White Pelican coin falls squarely into this category — a New Zealand Mint product aimed at the wildlife-themed collector market rather than anything approaching circulating coinage for the island's roughly 1,600 residents.

Charles III's effigy appears on the obverse as his first full year on Niue's collector issues following the transition from Elizabeth II, whose portrait had anchored this program's earlier releases.