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Detailed information about Coin: Florin 1933 from New Zealand

Coin: Florin 1933
Description

The silver coins from 3 pence to half crown denominations dated 1933 were the first coins issued by the Dominion of New Zealand. Prior to this date the coinage of Great Britain circulated in New Zealand (by agreement seignorage accruing from the placement of British coins into circulation in New Zealand was shared between the British and New Zealand governments). Problems with this system arose in the early 1930s when the value of the pound sterling moved higher than that of New Zealand. It became profitable to remove British coin from circulation in New Zealand and return it to Britain. At the same time Australian silver coin was imported. Embargoes failed to change either situation and in July 1931 a private Bill was introduced to Parliament recommending a local coinage. This eventually became the New Zealand Coinage Act 1933.

Discussions between Britain and New Zealand on the mechanics of introducing the new coinage and the removal of the old took place between 1931 and 1933. The new coinage would be struck on the British silver standard of that time, .500 fine, and New Zealand agreed that the Royal Mint would re-strike all British coins then circulating in New Zealand to the New Zealand designs. Australian silver coins were also sent to London for melting, not because either government accepted liability for any nominal value of the Australian pieces, but because they were still being struck at the old .925, sterling silver, quality.

Initially the Royal Mint and the New Zealand Numismatic Society worked together on designs and Kruger Gary and Percy Metcalf prepared drawings. These were believed to have been approved by the New Zealand Prime Minister who was in London as a delegate to the World Economic Conference. However, a committee had been established in New Zealand, apparently including James Berry, and this committee forwarded new scetches to London in 1933. Kruger Gray was then given the task of converting these drafts to workable dies. The first denomination shipped was the half crown (in October 1933) followed by sixpences in December. Some florins were struck in 1933 but not shipped until 1934 while the 3 pence and shilling denominations, though bearing the date 1933 were not struck until 1934. The crown, designed to commemorate the signing of the Treaty of Waitangi, was postponed until requirements for the more important circulating denominations were filled, in 1935.

The obverse design for all denominations, a crowned head of King George V, was that newely modelled by Percy Metcalf and authorised for use on the Southern Rhodesia coinage from 1932.

In addition to the working strikes, the Royal Mint also produced about 20 proof copies of each denomination as record pieces.

CountryNew Zealand CurrencyNew Zealand Pound
Face value2 (x Shilling) TypeFlorin (Silver)
Year1933 CurrentNo (demonetised 2006)
Mintage2,100,020 (2.1 million)
Mints
NameMint markMintage
Royal Mint London No mint mark 2,100,020 (2.1 million)
MaterialSilver DesignerGeorge Kruger Gray
MonarchKing George V EffigyPortrait by Percy Metcalfe (Crowned Bust)
Production technologyMilled (machine-made) ShapeRound
Size (mm)28.5000 Thickness (mm)
Mass (g)11.3000
Obverse

Crowned bust of King George V facing left (extends to rim); around, GEORGE V KING EMPEROR.

Obverse inscription GEORGE V KING EMPEROR
Reverse

A kiwi standing facing left; above, NEW ZEALAND; below, ONE FLORIN 1933; after the date in small letters the artist's initials KG (Kruger Gray).

Reverse inscriptionNEW ZEALAND ONE FLORIN 1933
EdgeMilled Edge inscriptionNone
Notes

Original information:

- 63rd Annual Report of the Deputy Master and Comptroller of the Royal Mint, 1932, p.8
- 64th Annual Report of the Deputy Master and Comptroller of the Royal Mint, 1933, p.6-8

Florin 1933: Known varieties
VarietyMintageDetails
Proof 20 (included in main number)
Florin 1933: Photos
Florin 1933: Photo New Zealand 1933 florin
New Zealand 1933 florin
Copyright: CoinFactsWiki / CC BY-SA
Author:
Notes: Proof.
source
Florin 1933: Photo New Zealand 1933 florin
New Zealand 1933 florin
Copyright: CoinFactsWiki / CC BY-SA
Author:
Notes: Proof.
source
Florin 1933: Photo Proof Coin - Florin (2 Shillings), New Zealand, 1933
Proof Coin - Florin (2 Shillings), New Zealand, 1933
Copyright: Museums Victoria / CC BY
Author:
source
Florin 1933: Photo Proof Coin - Florin (2 Shillings), New Zealand, 1933
Proof Coin - Florin (2 Shillings), New Zealand, 1933
Copyright: Museums Victoria / CC BY
Author:
source
Florin 1933: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsNew Zealand KM# 4
Renniks, New Zealand Coinage Guide140
Australian Coin ChartNF1
Florin 1933: References to Information Used
SourceEditionAboutLinkNotes
Museums Victoria Collections 2016 Coin description link
John Bertrand, New Zealand Coin and Banknote Catalogue 1965 Mint
Reserve Bank of New Zealand 15 Oct 2014 Mintage link Circulation mintage
John Bertrand, New Zealand Coin and Banknote Catalogue 1965 Mintage
Renniks, New Zealand Coinage Guide 1965 - 1966 Mintage
Museums Victoria Collections 2016 Mintage Proof mintage
Australian Coin Chart 1966 Mintage
Renniks, New Zealand Coinage Guide 1965 Varieties Proof
Museums Victoria Collections 2016 Varieties link Proof
Remick, Catalogue of British Commonwealth Coins 1971 Varieties Proof
John Bertrand, New Zealand Coin and Banknote Catalogue 1965 - Valuations
Renniks, New Zealand Coinage Guide 1965 - 1966 Valuations
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Florin 1933 / Best-effort future value guesstimates based on past value trends in currency: NZD. See FAQ before use!
Years
MintVarietyGrade201620172018
Royal Mint LondonBrilliant Uncirculated (BU) 793.43 791.72 790.02
Royal Mint LondonUncirculated (UNC) 745.33 739.40 733.47
Royal Mint LondonAlmost Uncirculated (aUNC) 344.50 351.73 358.96
Royal Mint LondonExtra Fine (EF, XF) 89.28 88.30 87.32
Royal Mint LondonVery Fine (VF) 26.85 24.73 22.61
Royal Mint LondonFine (F) 13.05 13.65 14.24
Florin 1933 / Best-effort future value guesstimates based on past value trends in currency: USD. See FAQ before use!
Years
MintVarietyGrade201620172018
Royal Mint LondonBrilliant Uncirculated (BU) 253.67 251.23 248.80
Royal Mint LondonUncirculated (UNC) 106.37 102.64 98.92
Royal Mint LondonExtra Fine (EF, XF) 32.96 31.53 30.09
Royal Mint LondonVery Fine (VF) 17.24 16.87 16.50
Royal Mint LondonFine (F) 6.11 6.51 6.92
Royal Mint LondonProofProof 589.46 580.20 570.95
Historic values in NZD for Florin 1933 / Royal Mint London / (generated 10/2016). Inflation-corrected to 2015.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for Florin 1933 / Royal Mint London / (generated 10/2016). Inflation-corrected to 2015.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for Florin 1933 / Proof / Royal Mint London / (generated 10/2016). Inflation-corrected to 2015.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Florin 1933: Links to sites that (may) sell similar coins
Coins New Zealand > NZ Pre Decimal coins (1933 to 1965) > Florin > 1933
Florin 1933: Some useful external links
Museums Victoria: Proof Coin - Florin (2 Shillings), New Zealand, 1933 New Zealand 1933 florin - CoinFactsWiki
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List of all (23) coins of type: New Zealand / Florin
Florin 1933 Florin 1934 Florin 1935 Florin 1936 Florin 1937 Florin 1940
Florin 1941 Florin 1942 Florin 1943 Florin 1944 Florin 1945 Florin 1946
Florin 1947 Florin 1948 Florin 1949 Florin 1950 Florin 1951 Florin 1953
Florin 1961 Florin 1962 Florin 1963 Florin 1964 Florin 1965