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 commemorative, bullion and collector coins under the authority of Niue. These coins are dedicated to historical or general popular culture themes not related to Niue itself. Many of them are in standard bullion sizes - for example, two ounces of silver (abbreviated as 2 oz Ag, where "Ag" comes from the Latin word for silver, Argentum).
The Mint says about this coin:
This fantastic 2oz pure silver coin showcases a grand presentation of a lion’s head, with his mouth open wide, issuing his message of warning. It is fully engraved and antiqued to enhance the features of the King of the Jungle.
As legal tender, the Ian Rank-Broadley effigy of Queen Elizabeth II can be found on the obverse. The engraving along the bottom guarantees it is 2oz of .999 fine silver. Inside the bold, custom-designed packaging, the coin is secured in an acrylic capsule, housed in black velvet, which has been moulded to its shape. The box displays a Certificate of Authenticity next to the coin’s unique serial number in the mintage of just 2,000. | 
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