Silver Kilo (1 kg), Coin Type from New Zealand - detailed information

Silver Kilo (1 kg), Coin Type from New Zealand (issued 2021 - )
Coin TypeSilver Kilo (1 kg)

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 very large silver kilogram format (abbreviated as 1 kg Ag, where "Ag" comes from the Latin word for silver, Argentum). 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 / Silver Kilo (1 kg) - obverse photo

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

Obverse Inscription Legend of the monarch, date
Reverse
New Zealand / Silver Kilo (1 kg) - reverse photo

Various designs as listed individually below.

Reverse Inscription TWENTY DOLLARS
EdgeMilledEdge InscriptionNone
Advertising
Royal Mint
Royal Mint
Silver Kilo (1 kg): Details
CountryNew Zealand
CurrencyNew Zealand Dollar
From2021
Face Value20 (x Dollar)
CurrentYes
Material0.999 Silver
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size100.000 mm
Mass1,000.000 g