Question
Here is the question : THE LEGAL TENDER OF WHICH ISLAND STATE FEATURES DISNEY CHARACTERS?
Option
Here is the option for the question :
- Niue
- Seychelles
The Answer:
And, the answer for the the question is :
Explanation:
Niue, a country that may be found in the South Pacific, generally utilizes the New Zealand dollar as its money; however, the country also mints coins that can be used as legal tender and depict the likenesses of various Disney characters. The first coin to be struck with Steamboat Willie, the character that would later be known as Mickey Mouse, appeared in circulation in 2014, marking the beginning of the trend. Characters from later mintings, such as Darth Vader and Donald Duck, have been included on coins.
Niue, a small island state in the South Pacific, is known for its unique legal tender featuring Disney characters. The use of Disney characters on Niue’s legal tender is a result of a licensing agreement between the government of Niue and the Walt Disney Company. This agreement has allowed Niue to issue commemorative coins and banknotes featuring popular Disney characters, such as Mickey Mouse, Donald Duck, and Cinderella.
The idea of using Disney characters on Niue’s legal tender was first proposed in the early 2000s as a way to boost the island’s tourism industry. The government of Niue saw an opportunity to create a unique and attractive product that would appeal to collectors and Disney fans around the world. In 2003, Niue signed a licensing agreement with the Walt Disney Company that allowed the use of Disney characters on its legal tender.
Since then, Niue has issued a number of commemorative coins and banknotes featuring Disney characters. These coins and banknotes are legal tender in Niue and can be used for everyday transactions. However, due to their popularity among collectors, they are often sold at a premium above their face value.
One of the most popular series of Disney-themed coins issued by Niue is the “Disney Princess” collection. This collection features coins with designs inspired by popular Disney princesses such as Cinderella, Belle, and Ariel. The coins are made of silver or gold and are often highly sought after by collectors.
Niue’s use of Disney characters on its legal tender has not only helped to boost the island’s tourism industry but has also brought attention to the island’s unique culture and history. Niue is known for its pristine beaches, coral reefs, and traditional Polynesian culture. The island also has a rich history of self-governance and has been a self-governing territory in free association with New Zealand since 1974.
Niue has become a leader in the numismatic world, thanks to its use of Disney characters on its legal tender. The island’s coins and banknotes featuring Disney characters have won numerous awards and have become highly sought after by collectors around the world.
Niue’s use of Disney characters on its legal tender is a unique and innovative approach to promoting its tourism industry and showcasing its culture and history. The island’s commemorative coins and banknotes featuring popular Disney characters have become highly sought after by collectors and have helped to establish Niue as a leader in the numismatic world.