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5 Dollars - Elizabeth II Silver Note Coinbar
| Issuer | Niue |
|---|---|
| Year | 2022 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | KM#5230 |
| Obverse description | The obverse is designed in the style of a banknote or currency note, featuring a right-facing effigy of Queen Elizabeth II set within a hexagonal frame at center, overlaid on a diamond-shaped guilloche pattern against a fine wavy-line background. The legend ELIZABETH II and NIUE 2022 appears vertically along the left border, while the denomination 5 DOLLARS is inscribed in the upper right corner. The fineness statement 100g FINE SILVER 9999 runs horizontally along the top, and the Latin motto IN ARGENTUM VERITAS together with 100 gram and an individual serial number are inscribed in the lower portion of the field. A small triangular mint mark appears at the lower right. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | The reverse displays the plain, unworked cast surface of the silver bar, exhibiting the natural crystalline texture and matte finish characteristic of a cast silver ingot. The surface is entirely unadorned, with no legends, devices, or decorative elements, presenting a raw, granular appearance that contrasts with the elaborately engraved obverse. The rounded rectangular form with slightly beveled edges is consistent with standard coinbar production techniques. |
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| Additional information |
The "coinbar" format — a rectangular silver bar with an embedded struck coin — was pioneered largely by the German private mint B.H. Mayer, which has produced the majority of these hybrid pieces sold under various sovereign licensing arrangements. Niue's five-dollar denomination functions here purely as a legal-tender wrapper; the island's actual GDP would be dwarfed by the melt value of a modest run of these pieces.
The "Silver Note" branding references the visual conceit of a banknote-shaped bar, a format that gained commercial traction in the early 2010s and has since been licensed through dozens of small Pacific and Caribbean jurisdictions with minimal domestic monetary infrastructure.