Wizards of the Coast has announced a new collaboration with New Zealand Mint to release a series of Magic: The Gathering Collector Coins in precious metal.

The first such coin will be a one ounce, .999 silver piece, limited to 5000 pieces. The coin will be legal tender on the Pacific island of Niue, where it will be valued at $2.

“Given the worldwide phenomenon that Magic has become, and with such a rich tapestry of fantastic art to work with, we believe there is a wonderful opportunity to offer Magic fans high quality, enduring collectibles in precious metals,” said Brent Hindman, head of sales and marketing at New Zealand Mint.

New Zealand Mint is a privately owned company which produces commemorative coins, bullion, and jewellery.

The first Collector Coin will be available on March 1, 2014.