Coin | Gold Tenth-Ounce 2023 Magnum Opus |
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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 - such as a tenth ounce of gold (abbreviated as 1/10 oz Au, where "Au" comes from the Latin word for gold, Aurum).
This is the second design in the Magnum Opus series of premium bullion coins by the Pressburg Mint, and the first one issued for Niue (the first edition was for Tokelau). The coins in the series have a new design every year and are about the beauty of mathematics.
The mint says about it: Mathematics is the language of nature and the Golden Ratio has baffled scientists for centuries. Showing up everywhere from snail shells to financial markets and all the way to galaxies, this peculiar law of nature seeps into everything. |
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Obverse | |
The obverse of the coin features the (unofficial) "Public Seal of Niue". It has what looks like a plant arrangement at centre, within a double ornamental circle, itself surrounded by a circle of sea shells. This is crowned with St Edward's Crown (a symbol of the United Kingdom, the monarch of which is ultimately the Head of State of Niue).
Around above between the two, the inscription PUBLIC SEAL OF NIUE. Below that, a ribbon carries the motto ATUA NIUE TUKULAGI on two lines, below which two crossed katoua (Niue fighting clubs).
Around above, the name of the country and the date of issue: NIUE 2023. Around below, the face value 10 DOLLARS. |
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Reverse | |
The reverse design shows a number of geometric patterns illustrating the "golden ratio". In a square in the centre, the inscription MAGNUM OPUS.
Above right, the precious metal content 1/10 oz Au 9999 (one tenth of a troy ounce of 99.99% gold; Au is abbreviated from Aurum, the Latin word for silver). |
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Reverse Inscription |
MAGNUM OPUS 1/10 oz Au 9999 |
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Edge | Milled | Edge Inscription | None |
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Notes | Gold content (Troy oz.): 0.100 Finish: proof-like. Issue price: 236.00 EUR
Mintage of these coins seems to be "on demand". The company announces on its web site the mintage limit of the coin, and the number of currently minted coins. As of 3 March 2023, there were 0 minted coins of this kind. |
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See also |
Coins in the Magnum Opus series include: - 1 oz Gold, Magnum Opus, Tokelau 2022 - 1/10 oz Gold, Magnum Opus, Tokelau 2022 - 1 oz Silver, Magnum Opus, Tokelau 2022 - 1 oz Gold, Magnum Opus, Niue 2023 - 1/10 oz Gold, Magnum Opus, Niue 2023 - 1 oz Silver, Magnum Opus, Niue 2023
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