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.
The Mint says about this coin:
Ruby Scarabaeus (or scarab) is the metaphorical representation of the sun and love. The coin exudes positive energy enchanted in a ruby millions of years ago. A souvenir decorated with the method of covering with ruthenium and 24 carat gold, together with a beautiful stone having a fiery shade can be yours today!
In ancient Egypt, scarabs were the epitome of divinity and the symbol of rebirth and wandering of the sun's disk across the sky. The images of scarabs, made of precious metals and expensive stones, served as amulets or even currency. Today talismans in the form of scarabs are found in the countries with which Ancient Egypt maintained trade relations.
Ruby is a beautiful precious stone with a pink to blood-red colour. In ancient cultures it was believed that it exercised control over existence. For centuries, the ruby symbolises the greatest of riches - love. According to ancient Egyptian legends, the ruby also favours happiness and a great fortune. As an amulet it protects against evil and as a talisman it brings luck. The ancient Greeks attributed this stone to the most beautiful goddess - Aphrodite, and Romans - to goddess Venus. In the Middle Ages, it was believed that the power of rubies led to victory and heroic deeds. It was also believed that the ruby is a stone of friendship and has the power to foretell the future - if the stone darkens, one should expect a change of fate. | 
Search for Niue: One Dollar Silver 2019 Ruby Scarab on eBay 
