Silver Ounce 2023 Jolly Roger - Blackbeard, 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 second release in the Jolly Roger bullion range by the European Mint, and features famous pirate captain Blackbeard.

Blackbeard, whose real name was Edward Teach, is perhaps most famous for his legendary blockade of Charleston Harbor, South Carolina. In 1718, Blackbeard entered Charleston Harbor in his ship known as Queen Anne's Revenge with three smaller ships. He proceeded to plunder five merchant ships entering or leaving the harbor. His flag depicted a skeleton stabbing a heart with its spear and toasting the Devil with a glass in the other hand. It showed the danger that Blackbeard brought and his alliance with the Devil. This was another technique used to instill fear into his enemies and to let them know just who was attacking them.