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 coins under the authority of Niue. Most of these are commemorative and collector issues 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). Those issued at prices much higher than their bullion value are separately listed in the Non-Circulating Legal Tender (NCLT) silver ounce section of the site.
Unlike them, this coin is targeted at bullion investors and was initially released at a price close to the value of its precious metal content.
Custom minted by the SilverTowne Mint located in Winchester, Indiana in One Troy Ounce of .999 Fine Silver each. This type of coins is the SilverTowne mint's first official coin minted with a face value.
The collection of Silver Athena Owl Stackable Coins not only revive a historic denomination design, the products also come with a unique rim design that allows for the coins to be stacked safely and securely. The outer edge of the design field on both sides of the coin includes alternating raised and lowered fields that allow for easy stacking of the silver coins.
Both sides of the coin have a unique background design element that completes the ancient look and feel of the products. That background field includes a hammered, or "stippled", finish that evokes the look of the Athenian Owl Tetradrachm as it would have appeared when originally produced in Greece. |