New Zealand: Coin Type Penny - detailed information

New Zealand: Coin Type Penny (issued 1940 - 1965)
Coin TypePenny

Initially, British and Australian coins circulated in New Zealand. The devaluation of the New Zealand pound relative to sterling in the 1930s led to the issue of distinct New Zealand coins in 1933, in denominations of 3d, 6d, 1s, 2s (the florin) and 2½s (the half-crown), minted in 50% silver until 1946 and in cupro-nickel from 1947.

In 1940, bronze ½d and 1d coins were introduced. All these denominations were the same size and weight as their equivalents in the Australian and UK coinage (although Australia never minted the half-crown).

The specifications for the coin were (in measurement units of the time):

Diameter of Coin: 1.215 inches
Standard Weight: 145.83333 grains
Remedy Allowance (margin of error in weight): Not exceeding weight of one piece in 40 pieces.

The composition of the metal was:
1940, 1945-1959: 95.5% copper, 3% tin and 1.5% zinc
1941-1945, 1960-1965: 97% copper, 0.5% tin and 2.5% zinc.

In regards to statistics, it has to be noted that the mintage figures provided by the Reserve Bank of New Zealand include, in some cases (like the 1953 mintages), the proof issue of the year while in most other cases they do not.

According to the Reserve Bank of New Zealand, the total mintage of the denomination during its existence was 138,099,000 (138 mln). Counting the (few) known proof mintages, the total mintage adds up to 138,124,015 (138 mln).

Obverse

Effigy of the monarch, legend.

During the existence of the denomination, ruling monarchs were King George VI and Queen Elizabeth II.

After the Independence of India in 1947, the title "Emperor" was dropped from the legend of King George VI.

Obverse Inscription
Reverse

A tui bird perched in a setting of yellow kowhai blossoms.

The reverse of this coin was designed by Leonard Cornwall Mitchell (1901-1971), born in Wellington. He was an important 20th Century New Zealand commercial artist and graphic designer. He completed a signwriting apprenticeship in Palmerston North, then worked at the "Government Publicity Department". Designed posters, booklet covers as well as coins as designing over 90 NZ stamps. Father of artist and owner of Wellington's mid century "Lambton Art Galleries" Victor Leonard William Mitchell.

Reverse InscriptionNEW ZEALAND ONE PENNY [year]
EdgePlain
Edge InscriptionNone
Notes

References to additional information:

[Book] Pepping, Robert. 2017. New Zealand History Coined. Wellington, New Zealand. pp 88-96.

All Coins of Type: Penny (25)
Coin NameMintageEffigyLegend
Penny 1940 5,424,005 Portrait by Thomas Humphrey Paget GEORGE VI KING EMPEROR
Penny 1941 1,200,000 Portrait by Thomas Humphrey Paget GEORGE VI KING EMPEROR
Penny 1942 3,120,000 Portrait by Thomas Humphrey Paget GEORGE VI KING EMPEROR
Penny 1943 8,400,000 Portrait by Thomas Humphrey Paget GEORGE VI KING EMPEROR
Penny 1944 3,696,000 Portrait by Thomas Humphrey Paget GEORGE VI KING EMPEROR
Penny 1945 4,764,000 Portrait by Thomas Humphrey Paget GEORGE VI KING EMPEROR
Penny 1946 6,720,000 Portrait by Thomas Humphrey Paget GEORGE VI KING EMPEROR
Penny 1947 5,880,000 Portrait by Thomas Humphrey Paget GEORGE VI KING EMPEROR
Penny 1949 2,016,000 Portrait by Thomas Humphrey Paget KING GEORGE THE SIXTH
Penny 1950 5,784,000 Portrait by Thomas Humphrey Paget KING GEORGE THE SIXTH
Penny 1951 6,888,000 Portrait by Thomas Humphrey Paget KING GEORGE THE SIXTH
Penny 1952 10,800,000 Portrait by Thomas Humphrey Paget KING GEORGE THE SIXTH
Penny 1953 2,407,000 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
Penny 1954 1,080,000 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
Penny 1955 3,720,000 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
Penny 1956 3,600,000 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
Penny 1957 2,400,000 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
Penny 1958 10,800,000 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
Penny 1959 8,400,000 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
Penny 1960 7,200,000 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
Penny 1961 7,200,000 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
Penny 1962 6,000,000 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
Penny 1963 2,400,000 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
Penny 1964 18,000,000 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
Penny 1965 (mint sets only) 225,010 Portrait by Mary Gillick (First Portrait) QUEEN · ELIZABETH · THE · SECOND +
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Penny: Details
CountryNew Zealand
CurrencyNew Zealand Pound
From1940
To1965
Face Value1 (x Penny)
CurrentNo (demonetised 1967)
MaterialBronze
DesignerLeonard Cornwall Mitchell
TechnologyMilled (machine-made)
ShapeRound
Size (mm)30.8600
Mass (g)9.4498
Penny: Photos
ImageDetails
Proof Coin - 1 Penny, New Zealand, 1949
Copyright: Museums Victoria / CC BY
Author:
Notes: Tui bird reverse (1940 - 1965).
Source
Proof Coin - 1 Penny, New Zealand, 1940
Copyright: Museums Victoria / CC BY
Author:
Notes: King George VI, Emperor (1940 - 1947).
Source
Proof Coin - 1 Penny, New Zealand, 1949
Copyright: Museums Victoria / CC BY
Author:
Notes: King George VI (1949 - 1952).
Source
Proof Coin - 1 Penny, New Zealand, 1964
Copyright: Museums Victoria / CC BY
Author:
Notes: Queen Elizabeth II (1953 - 1965).
Source