Niue's commemorative program in the mid-2000s leaned heavily on novelty formats to generate collector revenue — the island's coinage being a fiscal instrument rather than a circulating currency. This piece is legal tender in name only, with Niue's monetary arrangement under New Zealand meaning no domestic circulation was ever intended or possible.
Niue's commemorative program in the mid-2000s leaned heavily on novelty formats to generate collector revenue — the island's coinage being a fiscal instrument rather than a circulating currency. This piece is legal tender in name only, with Niue's monetary arrangement under New Zealand meaning no domestic circulation was ever intended or possible.