Silver Ounce 2020 Enchanting Shrub Althea, 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 flora themes (various plants).

The 2021 1 oz Enchanting Shrub Althea Silver Proof-Like Colour Coin is the third issue in the World Enchanting Flower Series by the Singapore Mint.

Shrub Althea, commonly known as Mugunghwa and Rose of Sharon, is the national flower of South Korea. The flower is well-loved by South Koreans and a phrase extolling its beauty is included in South Korea’s national anthem. Shrub Althea is chosen as the national flower for its tenacity and hardiness that reflect the South Korean culture and its people’s perseverance. The Korean word, Mugung (무궁 / 无穷), meaning “eternal blossom”, aptly highlights the symbolic significance of this enchanting flower.