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5 Dollars - Elizabeth II Baby Fawn
| Issuer | Niue |
|---|---|
| Year | 2017 |
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| Composition | Log in to see details |
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| Engraver(s) | Raphael David Maklouf |
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| Obverse description | Right-facing effigy of Queen Elizabeth II after the portrait by Raphael David Maklouf, rendered in high relief at center within a circular legend. The legend arcs around the portrait reading ELIZABETH II at upper left, NIUE ISLAND at upper right, 5 DOLLARS at lower right, and 2017 at bottom. To the right of the effigy, the weight and fineness inscription 1G .9999 FINE GOLD appears in bold relief. A unique serial number is engraved vertically along the left margin of the rectangular flan. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Niue's arrangement with the New Zealand Treasury allows it to issue legal tender coins with essentially no practical monetary function — a framework exploited heavily since the 1990s to produce collector pieces for the international market. This 1-gram gold piece is part of a long-running series of miniature fauna coins aimed squarely at the European collector market, where small-denomination gold with embedded stones has found consistent demand.
The diamond inclusion — 0.004 carats, barely visible to the naked eye — is a production choice made possible by advances in micro-setting used widely in Swiss and German coin minting facilities after roughly 2010.