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, collector and bullion 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 based on the troy ounce - such as the mini-coin format of one twenty-fifth of an ounce of gold (abbreviated as 1/25 oz Au, where "Au" comes from the Latin word for gold, Aurum).
This coin is part of the Slovakia Eagle ("Orol") range of premium bullion coins issued by the Czech Mint.
The Mint says about it:
The Slovaks waited patiently for the opportunity for self-determination for a long time - like a bird of prey circling in the sky over the majestic Tatra Mountains and looking out for its prey. It is no wonder that Slovak poets and revivalists of the 19th century took the eagle as a soul mate and that Ľudovít Štúr himself named the cultural supplement of the Slovak national newspaper "Orol tatránski" (The Tatra Eagle). Despite the efforts of their earlier rulers, the Slovaks retained their culture, language and character until they finally managed to gain independence. The symbol of all they have achieved has again been the eagle, which has represented power, victory, freedom and grandeur, but also a restoration and a new life. The predator, which is a representative of the Christian heavenly kingdom, also refers to the Slovak religious tradition.
The reverse side of the coin is dominated by a depiction of the golden eagle, which is the lord of the Tatras (mountains); in the background, Kriváň peak in Slovakia.
Around above, the inscription SLOVAKIA 1/25oz Au 999.9; "1/25oz Au 999.9" means "one twenty-fifth of a troy ounce of 99.99% gold" - Au is abbreviated from Aurum, the Latin word for gold.
Above right, the mint mark of the Czech Mint - a crowned monogram of the letters ČM (Česká mincovna). Above left, the monogram of the designer, MD (for Martin Dašek).