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

Silver Five Ounces (5 oz), Coin Type from Niue (issued 2020 - )
Coin TypeSilver 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, bullion 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 silver format (abbreviated as 5 oz Ag, where "Ag" comes from the Latin word for silver, Argentum).

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. For coins meant as bullion, see the bullion silver five-ounce section.

Obverse

Various designs as listed individually below.

Obverse Inscription Legend of the monarch, face value, date
Reverse

Various designs as listed individually below.

Reverse Inscription 5 oz 999 SILVER
EdgeMilledEdge InscriptionNone
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Royal Mint
Silver Five Ounces (5 oz): Details
CountryNiue
CurrencyNiue Dollar
From2020
Face Value10 (x Dollar)
CurrentYes
Material0.999 Silver
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size65.000 mm
Mass155.000 g