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 third release in the Jolly Roger bullion range by the European Mint, and features Black Sam.
Many people are familiar with the image of the infamous pirate flag, the Jolly Roger. This simple skull-and-crossbones image is often credited to Samuel Bellamy, better known as Black Sam.
Black Sam is a nickname that has been used to refer to several historical figures, but the most prominent among them is Samuel Bellamy, better known as “Black Sam” Bellamy. He was a pirate who operated in the early 18th century, during what is commonly referred to as the “Golden Age of Piracy.”
Samuel Bellamy was born in England in 1689 and later moved to the American colonies. He began his career as a sailor and eventually turned to piracy around 1716. Bellamy is remembered for his relatively short but highly successful pirate career. He captained the ship Whydah Gally, which he turned into his flagship. |