Silver Ounce 2022 Jolly Roger - Calico Jack, 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 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.

This coin is the first release in the Jolly Roger bullion range by the European Mint, and features famous pirate captain Calico Jack.

John Rackham, known as Calico Jack, made a career of plundering small vessels close to shore once he became captain. He and his crew captured the Kingston, a small Jamaican vessel, and made it their flagship. They made several conquests in the West Indies, taking a couple of large ships off Bermuda. In 1719, Rackham sailed into Nassau in the Bahamas, taking advantage of a general amnesty for pirates to obtain a royal pardon and commission from Governor Woodes Rogers. Rogers had been sent to the Bahamas to address the problem of pirates in the Caribbean who had started to attack and steal from British ships.