Silver Ounce 2023 Red Lionfish, Proof, Coin from Pitcairn Islands - detailed information

The Pitcairn Islands is a non-sovereign British overseas territory in the Pacific Ocean. Having a population of fewer than fifty people, the territory has no need for local coinage and uses the New Zealand dollar as a medium of exchange. Pitcairn Islands began issuing its first commemorative coins in 1988. Though the Pitcairn Islands dollar is not a true currency in the strict sense of the word and is not used as a circulation coinage, it can be lawfully exchanged as tender and is considered a variety of the New Zealand dollar (although it is not legal tender in New Zealand). The Pitcairn Islands dollar exists only because of the coin collecting market, which provides a major staple for the tiny island nation.

The coins are struck by various foreign mints and use internationally popular formats, such as the one troy ounce (1oz) of silver. Some of them are released at prices much higher than their intrinsic value - such as this one - so are classified as Non-Circulating Legal Tender (NCLT) (for those sold at a low margin, see the bullion silver ounce section instead).

This design is the first release in the Marine Life Series issued by the Tower Mint for the Pitcairn Islands, and features the well-known Red Lionfish.

The Red Lionfish is a venomous coral reef fish that is native to the Indo-Pacific region. First formally described in 1758, these fish are known for their striking colors with zebra-like stripes.

The mint says about it:
The Pitcairn Islands Marine Reserve, one of the largest marine reserves in the world, is a stunning biodiversity hotspot located in the remote South Pacific Ocean. Covering over 830,000 square kilometers, the reserve protects the unique marine life around four islands - Pitcairn, Henderson, Ducie, and Oeno. Among its many fascinating inhabitants, one species stands out for both its beauty and ecological impact: the red lionfish (Pterois volitans).

The red lionfish is a visually striking predator, easily identifiable by its bold, reddish-orange colour with white stripes, feathery pectoral fins, and venomous spines. These spines, while not lethal to humans, can cause extreme pain and even allergic reactions. The lionfish’s venom is primarily a defensive mechanism, discouraging potential predators. However, the real power of the lionfish lies in its predatory prowess.

This species is a highly effective ambush predator, using its large, fan-like fins to herd small fish into a corner before quickly consuming them. Lionfish are capable of eating prey up to half their own size, and their voracious appetite makes them one of the most successful marine hunters. Their diet includes a wide variety of fish, invertebrates, and sometimes even shrimp, allowing them to thrive in many different ecosystems.