Silver Ounce 2018 Armistice, 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 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 the Armistice Centenary - 100 years since the end of World War I.

NZ Post says about it:
The three poppies on this coin represent New Zealand and allies Australia and the United Kingdom (UK), countries with which Kiwis have historically had the strongest ties. The design features three Royal New Zealand Returned and Services' Association (RNZRSA) poppies, each representing allies Australia, New Zealand and the United Kingdom. These nations are also represented in the coin’s colourful stained-glass window design.