5 Dollars - Charles III Headless Rider

Niue has long served as a licensing vehicle for private mints — most famously the New Zealand Mint — producing legal tender coins that have no practical circulation life on the island. This piece belongs to the "Headless Rider" series, a continuation of a concept previously issued under Elizabeth II, now retooled for Charles III's reign. The switch in monarch required new obverse dies and provided the commercial pretext for a fresh release in the series.

The .9999 fineness is notable — a step above the .999 standard common to most modern bullion issues, positioning this firmly in the collector/investor market rather than the commemorative gift segment.