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5 Dollars - Elizabeth II Ferdinand Magellan
| Issuer | Niue |
|---|---|
| Year | 2016 |
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| Currency | Dollar of New Zealand (1987-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | ELIZABETH II NIUE FIVE DOLLARS IRB 2016 |
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| Additional information |
Magellan's circumnavigation — completed in 1522 under Elcano after Magellan's death in the Philippines — was financed by the Spanish Crown as a westward challenge to Portugal's eastern monopoly on the spice trade. Of the five ships and 270 men that departed Seville in 1519, one ship and 18 men returned. Niue, a self-governing territory in free association with New Zealand, issues commemoratives under its own authority and has produced dozens of historical figure coins through the Perth Mint and others.