Silver Three Ounces (3 oz), Coin Type from Niue - detailed information

Silver Three Ounces (3 oz), Coin Type from Niue (issued 2019 - )
Coin TypeSilver Three Ounces (3 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, or are based on the troy ounce - for example, three ounces of silver (abbreviated as 3 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.

Obverse
Niue / Silver Three Ounces (3 oz) - obverse photo

Various designs as listed individually below.

Obverse Inscription Legend of the monarch, face value, date
Reverse
Niue / Silver Three Ounces (3 oz) - reverse photo

Various designs as listed individually below.

Reverse Inscription 3 oz 999 SILVER
EdgeMilledEdge InscriptionNone
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Royal Mint
Royal Mint
Silver Three Ounces (3 oz): Details
CountryNiue
CurrencyNiue Dollar
From2019
Face Value5 (x Dollar)
CurrentYes
MaterialSilver
Designer
TechnologyMilled (machine-made)
ShapeVaries
OrientationMedal Alignment (Axis 0)
Size
Mass93.300 g