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5 Dollars - Elizabeth II White Horse

Issuer Niue
Year 2018
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Value 5 Dollars
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Obverse script Latin
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Reverse description The reverse presents a masterfully engraved ultra-high-relief depiction of the First Horseman of the Apocalypse, the Rider on the White Horse, mounted on a rearing steed and drawing a bow. The crowned archer is rendered in meticulous detail, his armored gauntlet, boot, and bow highlighted with selective gold gilding that contrasts dramatically against the antiqued silver field. Surrounding the central equestrian figure, a densely populated background scene in lower relief portrays suffering figures, skeletal remains, and architectural ruins evoking apocalyptic devastation. The arc legend FOUR HORSEMEN OF THE APOCALYPSE curves along the upper rim, while WHITE HORSE is inscribed in the lower field.
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Additional information

Niue has functioned since the 1990s as a licensing vehicle for the New Zealand Mint, issuing collector coinage under sovereign authority while maintaining essentially no domestic circulation economy. The White Horse series draws on British royal iconography through a licensing arrangement, not any constitutional tie between Niue and the British Crown's heraldic tradition — a distinction that occasionally draws scrutiny from catalogue purists.

The KM#3010 reference places this squarely within a crowded field of 2 oz issues from this period, when the collector bullion market was flooded with similarly-specified Niue releases.

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