What Are New Zealand Gold Coins Made Out Of

But in 2006 they produced a new series of coins that were both smaller than the preceding decimal coins and made of different materials.

What are new zealand gold coins made out of. 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 second colour circulating coin. The coin was also new zealand s first colour circulating coin. British coins were made legal tender in new zealand.

One and two dollar coins are made of an aluminium bronze alloy. The reserve bank of new zealand started issuing these 1 new zealand dollar coins in 1991. This allowed for the standard gold silver and bronze british coins to circulate freely in new zealand alongside the existing variety of foreign coins. The british coin became the official legal tender coin of new zealand.

New zealand s 1 and 2 coins are minted by the royal mint in the united kingdom. One million coins with a denomination of 50c were minted. A distinctive new zealand coinage was introduced based on a fractional. The 10 cent 20 cent and 50 cent coins are minted by the royal canadian mint.

On 1 october 2018 the reserve bank of new zealand issued its second commemorative circulating coin to mark the centenary of armistice day. At that time it was already one of the two common currencies along with australian minted gold sovereign and half sovereign coins. The reserve bank of new zealand issued new zealand dollar coins in 6 different denominations including this 1 new zealand dollar coin. Australia s close neighbour new zealand used to have circulating decimal coinage of the same size and composition as ours.

In early 1840 captain william hobson rn the first governor of new zealand extended british laws to new zealand. They are part of the new zealand dollar coins series. Where coins are minted. These coins were minted in aluminium bronze and were the first new zealand coins to be minted to metric specifications.

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. The divers discovered nearly 900 coins in the find pictured. Sunken treasure has been discovered near a port by divers conducting a harbour clean up in new zealand s capital wellington. New zealand post is the exclusive issuer of new zealand legal tender commemorative coins in partnership with the reserve bank of new zealand.