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 part of a bullion series by Bulmint issued for Niue, and features the legendary Phoenix, a symbol of immortality and renewal.
The phoenix, a mythical bird revered across various cultures, embodies the powerful themes of rebirth, renewal, and immortality. This legendary creature is often depicted as a magnificent bird with radiant plumage, bursting into flames at the end of its life cycle, only to emerge reborn from its ashes, symbolising an endless cycle of regeneration. Throughout history, the phoenix has been a symbol of resilience, transformation, and the enduring spirit of life's continual renewal. |
Notes | Silver content (Troy oz.): 1.000 Finish: bullion (Brilliant Uncirculated), proof-like. Packaging: in protective capsule.
This is the first release in the Phoenix bullion range to feature four advanced security measures, making it highly difficult to counterfeit and giving investors added peace of mind:
- Non-Uniform Edge Reeding: The reeded edge of the coin features a variation that makes it difficult to recreate. - Surface Animation: Detectable only with a microscope, the variation in the textured ring’s surface creates a wind-like movement when viewed from different angles. - Micro-Text: Included is the Latin phrase AD VITAM AETERNAM which is only readable under 15x magnification. It can be translated into modern English as "for eternity", "forever", or "for life"' and is often simplified to "to life everlasting", a common Biblical phrase. - Latent Image: Two overlapping images are revealed depending on the angle at which you rotate the coin. The first image is a 'fiery flame,' representing the burning Phoenix, and the second image is the Bulmint company logo. |
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