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5 Dollars - Elizabeth II Elephant
| Issuer | Niue |
|---|---|
| Year | 2019 |
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| Composition | Silver (.999) |
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| Obverse description | Right-facing diademed and draped bust of Queen Elizabeth II after the effigy by Ian Rank-Broadley, whose engraver's initials 'IRB' appear below the truncation. The portrait is framed by an ornate mandala-style decorative border with floral and geometric motifs in high relief. The surrounding legend reads 'ELIZABETH II' to the left and 'NIUE FIVE DOLLARS' to the right, with the date '2019' and the fineness notation '2oz Ag999' inscribed in the lower field. The entire design is struck in antiqued finish, lending depth to the intricate border ornamentation. |
|---|---|
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| Obverse lettering | ELIZABETH II NIUE FIVE DOLLARS IRB 2019 2oz Ag999 |
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| Additional information |
Niue's role as a Pacific Island issuer for bullion and collector coinage is entirely administrative — the country licenses its name and monetary authority to foreign minting programs, principally the New Zealand Mint, generating revenue without operating any mint of its own. This particular elephant issue belongs to a broader African wildlife bullion series that competes directly with the South African Krugerrand and various Perth Mint offerings for the two-troy-ounce collector-bullion market.
Mintage figures for Niue-issued silver are rarely audited independently, which complicates long-term valuation.