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.
The Cougar vs Bear coin is the second design in the Apex Predators Collection, and features a powerful bear entangled in a fight with a cougar.
Grizzly bears and cougars are known to be solitary animals and have very similar diets. They often have to share a habitat on the North American continent, which leads to competition for food, resources and territory. | 
Search for Niue: Silver Ounce 2022 Apex Predators - Cougar and Bear on eBay 