What Are New Zealand Gold Coins Made Out Of

The new 20c coins depicted a māori carving of pukaki a chief of the ngati whakaue iwi.

What are new zealand gold coins made out of.

One million coins with a denomination of 50c were minted. British coins were made legal tender in new zealand. On 1 october 2018 the reserve bank of new zealand issued its second commemorative circulating coin to mark the centenary of armistice day. In early 1840 captain william hobson rn the first governor of new zealand extended british laws to new zealand.

Find your coin in the full list of new zealand coins with photos prices and values using easy filtering by denomination metal category and year. At that time it was already one of the two common currencies along with australian minted gold sovereign and half sovereign coins. At the same time because the new 1 coin depicted a kiwi the 20c coin reverse design was changed. The coin was also new zealand s first colour circulating coin.

The 10 cent 20 cent and 50 cent coins are minted by the royal canadian mint. Sunken treasure has been discovered near a port by divers conducting a harbour clean up in new zealand s capital wellington. This meant that certain sections of the imperial coinage act 1816 uk became relevant to the new colony. New zealand post is the exclusive issuer of new zealand legal tender commemorative coins in partnership with the reserve bank of new zealand.

But in 2006 they produced a new series of coins that were both smaller than the preceding decimal coins and made of different materials. These coins were minted in aluminium bronze and were the first new zealand coins to be minted to metric specifications. Australia s close neighbour new zealand used to have circulating decimal coinage of the same size and composition as ours. The reserve bank of new zealand started issuing these 1 new zealand dollar coins in 1991.

The british coin became the official legal tender coin of new zealand. This allowed for the standard gold silver and bronze british coins to circulate freely in new zealand alongside the existing variety of foreign coins. Where coins are minted. One and two dollar coins are made of an aluminium bronze alloy.

The divers discovered nearly 900 coins in the find pictured. The reserve bank of new zealand issued new zealand dollar coins in 6 different denominations including this 1 new zealand dollar coin. They are currently still in circulation. The coin was also new zealand s second colour circulating coin.