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, including one ounce of gold (abbreviated as 1 oz Au, where "Au" comes from the Latin word for gold, Aurum). Those issued at prices much higher than their bullion value are separately listed in the Non-Circulating Legal Tender (NCLT) gold ounce section of the site.
Unlike them, this coin is targeted at bullion investors and was initially released at a price close to the value of its precious metal content.
This is the eleventh design in the Chronos series of bullion coins by the Pressburg Mint, and the second one issued for Niue (earlier issues were for Tokelau, or were not legal tender).
The series has a new design every year, all with the same message referring to the well known phrase "Panta Rhei" by the famous Greek philosopher Heraclitus. "Chronos" (time) is a reference to the lasting value that precious metals have held during human history.
The mint says about it: Marking a decade of the series, the 2025 Chronos release celebrates 10 years as Pressburg Mint’s longest-running coin series. Themed Panta Rhei - Everything Flows, as always this year’s design embodies the everlasting value of precious metals. Throughout history, precious metals have remained steadfast - once the backbone of financial systems, now a safe haven in uncertain times. Silver, in particular, plays a pivotal role in today’s financial landscape, and its significance only continues to grow. Now and forever. |