Silver Ounce 2015 Czech Traditions - Ride of the Kings, Coin from Niue - detailed information

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. Many of them are in standard bullion sizes - typically, one ounce of silver (abbreviated as 1 oz Ag, where "Ag" comes from the Latin word for silver, Argentum). Many of these feature characters and themes from popular culture.

This coin was issued as part of a six-coin silver proof set by the Czech Mint, featuring Czech traditions recognised by the UNESCO Heritage List.

The Mint says about the coin:
The UNESCO organisation protects not only cities, national parks and other places of interest that have tangible form. There is also a list that contains the Masterpieces of the Oral and Intangible Heritage of Humanity. And the Czechs certainly have something to say about that! Our colourful history has created a series of unique cultural idiosyncrasies, and we have expanded the list by six exceptional traditions.

This coin is dedicated to the Ride of the Kings - an annual procession associated with the Christian feast of Pentecost in four small towns in south-eastern Czech Republic. An entourage of chanters, pageboys, the King and his royal cavalcade parade through town dressed in traditional costumes and riding decorated horses, stopping along the way to chant rhymes that comment humorously on the character and conduct of spectators who in turn give monetary gifts for a good performance. The specific practices and responsibilities of the event are transmitted from generation to generation.