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The New Zealand penny is a large bronze coin issued from 1939 [a] to 1965. Introduced seven years after the larger denominations of New Zealand pound coinage, the coin's issuing was scheduled to align with the centennial of the Treaty of Waitangi and the New Zealand centennial, alongside the halfpenny and centennial half-crown.
The coins of the New Zealand dollar are used for the smallest physical currency available in New Zealand. The current denominations are ten cents, twenty cents, fifty cents, one dollar and two dollars. The $1 and $2 coins are minted in a gold colour, the 20c and 50c coins are silver colour and the 10c coin is plated in copper. Larger denominations of the New Zealand dollar are minted as ...
Coinage was first brought to New Zealand by whalers and traders in the early 19th century. Following the establishment of the Colony of New Zealand in the 1840s, Spanish silver coins formed the bulk of currency in circulation, but silver and gold coinage from the United States, Portugal, France, and the Netherlands also circulated.
Old coins are going for big bucks on eBay, and we found a few that you might just have lying around. Check out the slideshow above to discover if any of the coins you've collected could rake in ...
After several decades of proposals, the New Zealand government pursued the creation of a domestic coinage the same year. [4] The Coinage Act, 1933, outlined the weights and sizes of the six denominations of New Zealand silver coinage, defining the shilling as a coin with a weight of 5.66 grams. [5] The shilling was worth twelve pence or half a ...
Coins of the New Zealand dollar were introduced on 10 July 1967 to replace the pre-decimal New Zealand pound. The dollar was pegged at two to a pound, thus 200 cents to the pound. New Zealand's one-penny coin was 1/240 of a pound. [1] The original obverse was Arnold Machin's portrait of Queen Elizabeth II, and was used until 1985. [2]