Silver Five Ounces 2024 Roroa Spotted Kiwi, Coin from New Zealand - detailed information

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 large five ounces of silver format (abbreviated as 5 oz 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.

This coin is part of an annual series featuring a new Kiwi design every year, and depicts the Roroa Spotted Kiwi (Apteryx maxima).

NZ Post says about it:
"Roroa in the Rotoiti Nature Recovery Project (RNRP) are protected by the work of the Department of Conservation and a group of volunteers named the Friends of Rotoiti (FOR). It’s an excellent example of a successful collaboration involving the government and a local community. The work that FOR does to protect roroa includes controlling rats, stoats, possums and feral cats by setting traps and monitoring for pest presence. It also monitors kiwi and other native animals such as kākā, lizards and robin populations in the RNRP territory."

The reverse designer is Stevan Stojanovic from Ōtaki, New Zealand, who is better known for his many designs for the Royal Australian Mint.