Silver Ounce 2017 Decimal Currency, Coin from New Zealand - detailed information

Silver Ounce 2017 Decimal Currency, Coin from New Zealand
CoinSilver Ounce 2017 Decimal Currency

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 one ounce of silver format (abbreviated as 1 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 commemorates 50 years since the introduction of decimal currency in New Zealand.

NZ Post (the issuer of the coin) says about it:
On 10 July 1967, New Zealand abandoned pounds, shillings and pence in favour of decimal currency. The new system was quickly adopted by New Zealand and was generally easier to understand than the complex imperial system. Of course, this new currency meant that there also needed to be new coins. The designs that were finally settled on had been designed by New Zealander James Berry. His designs of a silver fern, kōwhai, tuatara, Māori carved head or kōruru, kiwi and HMS Endeavour were chosen from a wide selection of submissions, and his 10-cent and 50-cent coin designs remain in use today.

This commemorative coin incorporates all of the iconic New Zealand symbols that were used in James Berry’s original designs. Each of the key elements are dispersed around the edge of the coin and encompassed by delicate koru designs.

MintRoyal Dutch Mint Mint MarkNo mint mark Total Mintage750
Obverse
New Zealand / Silver Ounce 2017 Decimal Currency - obverse photo

The obverse of the coin shows the crowned mature head of Queen Elizabeth II facing right (her effigy known as the "Fourth Portrait"). The Queen wears the "Girls of Great Britain and Ireland" diamond tiara, a wedding gift from Queen Mary (Her Majesty's grandmother) in 1947 - which she also has on the Machin and the Gottwald portraits.

In tiny letters below the head, the artist's initials IRB (for Ian Rank-Broadley).

Around the effigy is the monarch's legend, the date of issue and the value: NEW ZEALAND .999 Ag 1oz ELIZABETH II 2017.

The inscription indicates the precious metal content - ".999 Ag 1oz" means "one troy ounce of 99.9% silver"; Ag is abbreviated from Argentum, the Latin word for silver.

Obverse Inscription NEW ZEALAND .999 Ag 1oz ELIZABETH II 2017
Reverse
New Zealand / Silver Ounce 2017 Decimal Currency - reverse photo

At centre, reverse of the coin has a large number 50 with the word YEARS vertically within the 0, surrounded by the inscription NEW ZEALAND DECIMAL CURRENCY around above, and the anniversary dates 1967 and 2017 below. Above the inscription, the face value $1 (one dollar).

Around the rim, the key elements from the reverse designs of the first New Zealand coins. Clockwise from top:
- a tuatara (lizard) from the 5 Cents design,
- kowhai flowers from the 2 Cents design,
- a koruru (Maori carved wood ornament in the form of a head) from the 10 Cents design,
- the Endeavour ship from the 50 Cents design,
- a kiwi bird from the 20 Cents design, and
- a fern leaf from the 1 Cent design.

The symbols are separated by small "koru" (Maori-style) decorations.

Reverse Inscription $1 50 YEARS NEW ZEALAND DECIMAL CURRENCY 1967 2017
EdgeMilledEdge InscriptionNone
Notes

Finish: proof.
Issued in the annual proof set only.

The coins are issued by NZ Post, which is the official issuer of all commemorative stamps and coins for New Zealand.

Issued in Set
2017 New Zealand Proof Currency Set, mintage 750
6 coins: 1 oz Silver Decimal Currency Anniversary, $2 Kotuku, $1 Kiwi, 50 Cents, 20 Cents, 10 Cents
See also

There is a silver two-ounce coin with the same design, issued individually.

Silver Ounce 2017 Decimal Currency: References to Information Used
SourceEditionAboutLinkNotes
New Zealand Post 2017 Coin description
New Zealand Post 2017 Mint
New Zealand Post 2017 Mintage
All (40) coins of type: Silver Ounce (1 oz)
Coin NameMintageEffigyLegend
Silver Ounce 2010 Kiwi 21,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2010
Silver Ounce 2011 Kiwi 17,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2011
Silver Ounce 2012 Kiwi 18,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2012
Silver Ounce 2013 Kiwi 18,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2013
Silver Ounce 2013 Coronation 60th Anniversary 1,953 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2013
Silver Ounce 2014 Kiwi 15,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2014
Silver Ounce 2015 Kiwi 10,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2015
Silver Ounce 2015 Kiwi Silhouette 2,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2015
Silver Ounce 2016 Haast's Eagle 1,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2016
Silver Ounce 2016 Kiwi 10,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2016
Silver Ounce 2016 Queen's 90th Birthday 2,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2016
Silver Ounce 2016 1916 Courage and Commitment 2,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2016
Silver Ounce 2017 Laughing Owl 1,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2017
Silver Ounce 2017 Kiwi 10,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND ELIZABETH II 2017
Silver Ounce 2017 Platinum Wedding Anniversary 2,017 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2017
Silver Ounce 2017 Decimal Currency 750 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2017
Silver Ounce 2018 Moa 1,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2018
Silver Ounce 2018 Kiwi 10,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2018
Silver Ounce 2018 Royal Wedding 1,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2018
Silver Ounce 2019 North Island Takahē 1,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2019
Silver Ounce 2019 Kiwi 10,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2019
Silver Ounce 2019 North Island Takahē, Coloured 1,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2019
Silver Ounce 2019 All Blacks 2,019 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2019
Silver Ounce 2020 Kiwi 10,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2020
Silver Ounce 2020 Chatham Island Crested Penguin 26,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2020
Silver Ounce 2020 WWII 75 Years Peace 1,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2020
Silver Ounce 2020 WWII 75 Years Remembrance 1,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2020
Silver Ounce 2021 Auckland Island Merganser 750 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2021
Silver Ounce 2021 Kiwi 7,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2021
Silver Ounce 2021 The Lord of the Rings - Frodo 20,300 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1 oz ELIZABETH II 2021 MIDDLE-EARTH
Silver Ounce 2021 The Lord of the Rings - Boromir 20,300 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1 oz ELIZABETH II 2021 MIDDLE-EARTH
Silver Ounce 2021 The Lord of the Rings - Gandalf 20,300 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1 oz ELIZABETH II 2021 MIDDLE-EARTH
Silver Ounce 2021 Quest of the Ring - Gandalf's Escape 300 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1 oz ELIZABETH II 2021 MIDDLE-EARTH
Silver Ounce 2021 Quest of the Ring - Doors of Durin 300 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1 oz ELIZABETH II 2021 MIDDLE-EARTH
Silver Ounce 2021 Quest of the Ring - Gates of Argonath 300 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1 oz ELIZABETH II 2021 MIDDLE-EARTH
Silver Ounce 2021 A Shadow in the East - Saruman 300 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1 oz ELIZABETH II 2021 MIDDLE-EARTH
Silver Ounce 2021 A Shadow in the East - Lurtz 300 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1 oz ELIZABETH II 2021 MIDDLE-EARTH
Silver Ounce 2021 A Shadow in the East - Eye of Sauron 300 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1 oz ELIZABETH II 2021 MIDDLE-EARTH
Silver Ounce 2022 Queen Elizabeth II Platinum Jubilee 1,000 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2022
Silver Ounce 2022 Kiwi 7,500 Queen Elizabeth II - Fourth Portrait NEW ZEALAND .999 Ag 1oz ELIZABETH II 2022
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Silver Ounce 2017 Decimal Currency: Details
CountryNew Zealand
CurrencyNew Zealand Dollar
Coin TypeSilver Ounce (1 oz)
Issued2017
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Fourth Portrait, by Ian Rank-Broadley
Face Value1 (x Dollar)
Total Mintage750
CurrentYes
Material0.999 Silver
DesignerJonathan Gray
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size40.000 mm
Mass31.100 g
OCC IDRNAZ-OGWC-BDDR-OXJL
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Silver Ounce 2017 Decimal Currency: Photos
ImageDetails
50 Years of New Zealand Decimal Coin
Copyright: NZ Post
Source
50 Years of New Zealand Decimal Coin
Copyright: NZ Post
Source