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).
This coin featuring the Moorish Idol is the third issue in the Reef Fish series struck by the New Zealand Mint.
The Moorish idol (Zanclus cornutus) is a marine fish species, the sole extant representative of the family Zanclidae. A common inhabitant of tropical to subtropical reefs and lagoons, the Moorish idol is notable for its wide distribution throughout the Indo-Pacific. A number of butterflyfishes (genus Heniochus) closely resemble the Moorish idol. The Moorish idol got its name from the Moors of Africa, who purportedly believed the fish to be a bringer of happiness. Moorish idols are also a coveted aquarium fish but, despite their abundance and wide array of habitats, they are notoriously finicky and hard to adjust to captivity. |