What Are New Zealand Gold Coins Made Out Of

One and two dollar coins are made of an aluminium bronze alloy.

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. 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. In early 1840 captain william hobson rn the first governor of new zealand extended british laws to new zealand.

The reserve bank of new zealand issued new zealand dollar coins in 6 different denominations including this 1 new zealand dollar coin. The coin was also new zealand s second colour circulating coin. They are part of the new zealand dollar coins series. One million coins with a denomination of 50c were minted.

These coins were minted in aluminium bronze and were the first new zealand coins to be minted to metric specifications. British coins were made legal tender in new zealand. The reserve bank of new zealand started issuing these 1 new zealand dollar coins in 1991. But in 2006 they produced a new series of coins that were both smaller than the preceding decimal coins and made of different materials.

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. A distinctive new zealand coinage was introduced based on a fractional. At the same time because the new 1 coin depicted a kiwi the 20c coin reverse design was changed.

Australia s close neighbour new zealand used to have circulating decimal coinage of the same size and composition as ours. The coin was also new zealand s first colour circulating coin. The british coin became the official legal tender coin of new zealand. Sunken treasure has been discovered near a port by divers conducting a harbour clean up in new zealand s capital wellington.

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. They are currently still in circulation. The divers discovered nearly 900 coins in the find pictured.