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.
Some coins are marketed in standard bullion sizes, like half ounce silver, one ounce silver etc, and some of those are also denominated as $1, for which see respective lists. This coin, denominated as One Niue Dollar, is not in a standard ounce-based size and is made using a "smartminting" technique - meaning that it has features not generally found in circulation coins.
This coin is part of the Man's Best Friends series and features a Thoroughbred Horse.
The Thoroughbred is a horse breed best known for its use in horse racing. Although the word thoroughbred is sometimes used to refer to any breed of pure-bred horse, it technically refers only to the Thoroughbred breed. Thoroughbreds are considered "hot-blooded" horses that are known for their agility, speed, and spirit.
The Thoroughbred as it is known today was developed in 17th-and 18th-century England, when native mares were cross-bred with imported Oriental stallions of Arabian, Barb, and Turkoman breeding. All modern Thoroughbreds can trace their pedigrees to three stallions originally imported into England in the 17th and 18th centuries, and to a larger number of foundation mares of mostly English breeding. During the 18th and 19th centuries, the Thoroughbred breed spread throughout the world; they were imported into North America starting in 1730 and into Australia, Europe, Japan and South America during the 19th century. Millions of Thoroughbreds exist today, and around 100,000 foals are registered each year worldwide.
The coin is in Proof quality and comes boxed, with a Certificate of Authenticity. |