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 famous famous movie characters.
This coin is part of a New Zealand Mint series dedicated to DC Comics characters.
The Mint says about it:
"This fantastic coin features the iconic 1966 Batmobile in colour along with the 1966 BATMAN™ Classic TV Series logo.
An engraved and coloured close-up image of BATMAN, and the words 1966 Batmobile, are featured on an antiqued background - adding further delight to the design.
The Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on the obverse of the coin confirms it as legal tender. A Batman themed box houses the coin, which is display-ready inside an acrylic coin block. This block is magnetised so it can be easily opened by simply sliding the lid, leaving you easy access to the prize inside." | 
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