5 Dollars - Elizabeth II Sun and Moon

Niue has functioned since the 1990s as a legal tender vehicle for the international bullion and collector coin trade, licensing its name to mints worldwide with minimal involvement in actual production. This piece falls squarely in that category — a product of the modern commemorative market rather than any monetary or political event specific to the island. KM#1503 offers nothing unusual in the production history of the type.