Silver Ounce 2022 Shamrock, 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 silver bullion coin is part of a European Mint range featuring symbols of the British Isles, and pays tribute to the Shamrock of Ireland.

A shamrock is a young sprig, used as a symbol of Ireland. Saint Patrick, Ireland's patron saint, is said to have used it as a metaphor for the Christian Holy Trinity. The name shamrock comes from Irish seamróg, which is the diminutive of the Irish word seamair óg and simply means "young clover".