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

Gold Five Ounces (5 oz), Bullion, Coin Type from Niue (issued 2021 - )
Coin TypeGold Five Ounces (5 oz), Bullion

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 coins under the authority of Niue. Most of these are commemorative and collector issues dedicated to historical or general popular culture themes not related to Niue itself. Many of them are in standard bullion sizes based on the troy ounce, including a large five ounces of gold format (abbreviated as 5 oz Au, where "Au" comes from the Latin word for gold, Aurum). These gold coins are targeted at bullion investors and are released at prices close to the intrinsic value of their precious metal content.

Collector coins issued at a high premium are listed in the 5oz gold Non-Circulating Legal Tender section.

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

Effigy of the monarch, legend, face value, date.

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

Various designs as listed individually below.

Reverse Inscription 5 oz Au 999.9
EdgeMilledEdge InscriptionNone
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Gold Five Ounces (5 oz), Bullion: Details
CountryNiue
CurrencyNiue Dollar
From2021
Face Value250 (x Dollar)
CurrentYes
Material0.9999 Gold
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size50.000 mm
Mass155.500 g