Gold Ounce (1 oz), Coin Type from New Zealand - detailed information

Gold Ounce (1 oz), Coin Type from New Zealand (issued 2013 - )
Coin TypeGold Ounce (1 oz)

New Zealand uses the New Zealand Dollar as its circulation currency for daily transactions. The country also issues a number of commemorative and collector coins, including in the internationally popular gold one-ounce format (abbreviated as 1 oz Au, where "Au" comes from the Latin word for gold, Aurum). Authorised by the Reserve Bank of New Zealand, the official issuer of these coins is NZ Post - which also issues the country's postal stamps. Manufacturing of the coins is commissioned to various foreign mints.

The coins are "Non-Circulating Legal Tender" (NCLT) and not bullion because they are issued at prices much higher than their intrinsic value and are targeted at collectors who appreciate them for their artistic or sentimental value, and not at bullion investors.

Obverse
New Zealand / Gold Ounce (1 oz) - obverse photo

Effigy and legend of the ruling monarch, date of issue.

Obverse Inscription Legend of the monarch, date
Reverse
New Zealand / Gold Ounce (1 oz) - reverse photo

Various designs as listed individually below.

Reverse Inscription TEN DOLLARS
EdgeMilledEdge InscriptionNone
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Royal Mint
Royal Mint
Gold Ounce (1 oz): Details
CountryNew Zealand
CurrencyNew Zealand Dollar
From2013
Face Value10 (x Dollar)
CurrentYes
Material0.9999 Gold
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size38.7400 mm
Mass31.1000 g