The Niue 'Star Wars' Currency Hopes to Boost its Government Coffers
Meghan Young — August 13, 2011 — Art & Design
References: nerdapproved & dvice
The world is no stranger to special-edition coins, but the Niue 'Star Wars' currency is taking it to the next level. As though inspired by collectible stamps that feature images of pop culture icons and cult classic hits, these coins will be issued in the South Pacific island to (hopefully) boost Niue's flagging government coffers.
Produced by New Zealand Mint, the Niue 'Star Wars' currency will be available in sets of four, each of which will be made up of one ounce of silver. Although they can be used as regular legal tender, with a face value of NZ$2, they are worth considerably more than that. The retail price alone for four coins is about $382.
Produced by New Zealand Mint, the Niue 'Star Wars' currency will be available in sets of four, each of which will be made up of one ounce of silver. Although they can be used as regular legal tender, with a face value of NZ$2, they are worth considerably more than that. The retail price alone for four coins is about $382.
Trend Themes
1. Special-edition Coins - Expanding beyond traditional collectibles, special-edition coins featuring pop culture icons and cult classic hits offer a new avenue for boosting revenue.
2. Collectible Stamps - Inspired by the concept of collectible stamps, these coins tap into the nostalgia market and capture the imagination of enthusiasts.
3. Government Revenue Generation - Governments can look to innovative initiatives like issuing special-edition coins to supplement their financial resources.
Industry Implications
1. Minting - Minting companies like New Zealand Mint can explore the production of special-edition coins as a lucrative product line.
2. Numismatics - Coin collectors and enthusiasts can add special-edition coins to their collections, creating new opportunities in the field of numismatics.
3. Government Finance - Governments struggling to boost revenue can consider exploring niche markets, such as special-edition coins, to increase their financial reserves.
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