5 Dollars - Charles III Willem-Alexander of the Netherlands

Struck as part of Niue's ongoing royal portrait series, this piece pairs two reigning monarchs — Charles III, who acceded following Elizabeth II's death in September 2022, and Willem-Alexander, who has held the Dutch throne since his mother Beatrix abdicated in April 2013. The pairing is not arbitrary: New Zealand, through which Niue issues its coinage, maintains a constitutional relationship with both the British Crown and, historically, Dutch colonial interests in the Pacific.

At 2.5 grams of .9999 fine gold, the weight places it in the fractional bullion category that has driven Niue's mint program since the mid-2000s.