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 movie characters.
The Mint says about this coin:
Made of 1oz pure silver, this is the fourth release in our impressive coin series for The Transformers. Officially licensed, this coin features Grimlock in full colour as seen in his debut in the 1984 series, The Transformers. The year and logo have been engraved and frosted and this stands out fantastically against the mirror background.
Each coin arrives in a custom box displaying eye-catching Transformers-themed imagery. A Certificate of Authenticity confirms the coin as legal tender. | 
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