Gold Five Ounces (5 oz), Coin Type from Niue - detailed information

Gold Five Ounces (5 oz), Coin Type from Niue (issued 2020 - )
Coin TypeGold Five Ounces (5 oz)

Niue, a sovereign state in free association with New Zealand, uses two official legal tender currencies. The New Zealand Dollar is the circulation currency for daily transactions, while the government also authorises legal tender coins in the Niue Dollar currency for collector's purposes.

A number of mints issue a large variety of commemorative and collector coins under the authority of Niue. These coins are dedicated to historical or general popular culture themes not related to Niue itself. Many of them are in standard bullion sizes, including this very large five ounces of gold format (abbreviated as 5 oz Au, where "Au" comes from the Latin word for gold, Aurum).

The coins are "Non-Circulating Legal Tender" (NCLT) and not bullion because they are issued at prices much higher than their bullion value and are targeted at collectors who appreciate them for their artistic or sentimental value, and not at bullion investors.

Bullion coins issued at a low premium are listed in the 5oz gold bullion section.

Obverse
Niue / Gold Five Ounces (5 oz) - obverse photo

Various designs as listed individually below.

Obverse Inscription Legend of the monarch, face value, date
Reverse
Niue / Gold Five Ounces (5 oz) - reverse photo

Various designs as listed individually below.

Reverse Inscription 1 oz 9999 GOLD
EdgeMilledEdge InscriptionNone
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Gold Five Ounces (5 oz): Details
CountryNiue
CurrencyNiue Dollar
From2020
Face Value500 (x Dollar)
CurrentYes
Material0.9999 Gold
Designer
TechnologyMilled (machine-made)
ShapeVaries
OrientationMedal Alignment (Axis 0)
Size65.000 mm
Mass155.000 g