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5 Dollars - Charles III Pirate Ship

Issuer Niue
Year 2023
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Technique Milled, Colored
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Obverse description The coin features a highly unusual rotating two-disc construction divided by a central metal band, creating a split-face design. The upper half displays a finely engraved scene of a tall-masted sailing vessel near a tropical shoreline, with a gold-gilded figure of a bearded pirate captain holding a parrot rendered in high relief to the right. The lower half, oriented inversely, bears the Public Seal of Niue at center — a wreath encircling a stylized tree motif — flanked by crossed swords above, with the legend NIUE ISLAND and PUBLIC SEAL OF NIUE surrounding the seal, and the denomination 5 DOLLARS and date 2023 appearing in the field, the lower section presented in mirror-polished proof finish against a blackened background.
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Edge Smooth
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Additional information

Niue has functioned as a prolific licensing vehicle for the New Zealand-administered coin program since the 1990s, issuing silver pieces under its name while having virtually no domestic coin economy of its own. The "Pirate Ship" is part of a broader themed bullion-adjacent series marketed primarily to collectors in Europe and North America, with distribution handled through third-party dealers rather than through any Niuean monetary authority in any practical sense.

The 62.2g specification is a standard two-troy-ounce format favored by private mints seeking a premium price point over single-ounce issues.

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