Niue Bitcoin 1oz Silver Coin 2022 margin scheme
The 2022 1oz Silver Bitcoin is a distinctive coin crafted by the New Zealand Mint, known for its expertise in producing high-quality coins. The coin symbolises the value of silver in millibitcoins (1/1000 BTC) on the day it was created. Its design is innovative and visually appealing, reflecting the modernity and technological sophistication associated with cryptocurrencies.
The obverse features the famous Bitcoin logo and the surrounding legend contains the inscription 0.6 mBTC. This represents how many millibitcoins would be needed to purchase 1oz of silver at the time of minting. The inscription also includes the weight and year of issue together with a number of 1s and 0s which are binary code that translate to the same Satoshi, inventor of Bitcoin.
The reverse of the Bitcoin silver 1oz coin portrays a portrait of Queen Elizabeth II, designed in 1998, by the sculptor Ian Rank-Broadley and includes his initials, IRB. The legend displays the weight, purity of the silver and face value of the coin as legal tender in New Zealand.
The Niue Bitcoin 1oz Silver Coin 2022 is crafted from one troy ounce of pure 999.9/1000 silver and has a metric weight of 31.10 grams. It measures 40.00 mm in diameter and has a denomination of 2 New Zealand Dollars.
By representing the value of silver in terms of millibitcoins, the Niue Bitcoin establishes a direct link between traditional precious metals and digital currencies, catering to enthusiasts of both realms, making it a sought-after item amongst collectors and investors interested in both precious metals and cryptocurrencies.
| Metal | Silver |
| Form | Silver Coin |
| Country of Origin | Niue |
| Manufacturer | New Zealand Mint |
| Purity | 999/1000 |
| Fineweight | 31.10 gram |
| Gross Weight | 31.10 gram |
| Denomination (oz) | 1 oz |
| Year of issue | 2022 |
| Grade | Brilliant |
| Condition | Circulated |
| Face value | 2 New Zealand Dollar |
| Diameter | 40.00 mm |
| Packaging | Single in Pouch |
| Packaging Unit | 25 per tube |