Silver Ounce 2023 Equilibrium, Coin from Niue - detailed information

Silver Ounce 2023 Equilibrium, Coin from Niue
CoinSilver Ounce 2023 Equilibrium

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 is the sixth design in the Equilibrium series of bullion coins by the Pressburg Mint, and the first one issued for Niue (earlier issues were for Tokelau). The coins in the series have a new design every year and are about balance - equilibrium - between technology and humanity.

The Mint says about it:
The yin-yang is an especially important and popular representation of harmony, sprouting from the rich Asian tradition in philosophy. Equilibrium: a state in which opposing forces or influences are balanced.

MintPressburg Mint Mint MarkNo mint mark Total Mintageunknown
Obverse
Niue / Silver Ounce 2023 Equilibrium - obverse photo

The obverse of the coin features the (unofficial) "Public Seal of Niue". It has what looks like a plant arrangement at centre, within a double ornamental circle, itself surrounded by a circle of sea shells. This is crowned with St Edward's Crown (a symbol of the United Kingdom, the monarch of which is ultimately the Head of State of Niue).

Around above between the two, the inscription PUBLIC SEAL OF NIUE. Below that, a ribbon carries the motto ATUA NIUE TUKULAGI on two lines, below which two crossed katoua (Niue fighting clubs).

Around above, the name of the country and the date of issue: NIUE 2023. Around below, the face value 2 DOLLARS.

Obverse Inscription NIUE 2023 2 DOLLARS
Reverse
Niue / Silver Ounce 2023 Equilibrium - reverse photo

The reverse features a design representing the yin-yang symbol, with a geometric mandala pattern in a circle.

Around above, the name of the series: EQUILIBRIUM; around below, the precious metal content: 1 oz FINE SILVER 9999 (one troy ounce of 99.99% silver

Reverse Inscription EQUILIBRIUM 1 oz FINE SILVER 9999
EdgeMilledEdge InscriptionNone
Notes

Silver content (Troy oz.): 1.000
Finish: bullion (Brilliant Uncirculated).
Issue price: 31.00 EUR

Mintage of these coins seems to be "on demand". The company announces on its web site the mintage limit of the coin, and the number of currently minted coins. As of 3 March 2023, there were 6,103 minted coins of this kind.

See also

Coins in the Equilibrium series include:
- 1 oz Silver, Equilibrium, Tokelau 2018
- 1 oz Silver, Equilibrium, Tokelau 2019
- 1 oz Silver, Equilibrium, Tokelau 2020
- 1 oz Gold, Equilibrium, Tokelau 2021
- 1/10 oz Gold, Equilibrium, Tokelau 2021
- 1 oz Silver, Equilibrium, Tokelau 2021
- 1 oz Gold, Equilibrium, Tokelau 2022
- 1/10 oz Gold, Equilibrium, Tokelau 2022
- 1 oz Silver, Equilibrium, Tokelau 2022
- 1 oz Gold, Equilibrium, Niue 2023
- 1/10 oz Gold, Equilibrium, Niue 2023
- 1 oz Silver, Equilibrium, Niue 2023

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Royal Mint
Royal Mint
Silver Ounce 2023 Equilibrium: Details
CountryNiue
CurrencyNiue Dollar
Coin TypeSilver Ounce (1 oz), Bullion
Issued2023
MonarchKing Charles III
EffigyPublic Seal of Niue
Face Value2 (x Dollar)
Mintageunknown
Mintage Limit100,000
CurrentYes
Material0.9999 Silver
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size38.000 mm
Thickness2.800 mm
Mass31.310 g
OCC IDMXKD-EKQC-KLGG-EWQJ
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Silver Ounce 2023 Equilibrium: Photos
ImageDetails
Equilibrium 2023 | 1oz Silver 9999 | Bullion
Copyright: Pressburg Mint
Source
Equilibrium 2023 | 1oz Silver 9999 | Bullion
Copyright: Pressburg Mint
Source