| Coin | Silver Ounce 2018 Royal Baby |
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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.
NZ Post says about this coin:
The Duke and Duchess of Cambridge have welcomed their third child to their ever-growing royal family. New Zealand Post is proud to celebrate the arrival of their newest addition - Prince Louis of Cambridge - with a collectable commemorative coin. This intricately detailed 1oz silver proof coin reflects the close relationship that New Zealand has with the Monarchy as a Commonwealth nation. |
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| Obverse | |
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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 small 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 2018.
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. |
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| Reverse | |
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The reverse design of the coin is coloured and depicts a royal family heirloom: a rocking horse that belonged to Princess Margaret. Beneath the rocking horse on the rim of the coin is the English rose, combined with the New Zealand fern.
Above left, the face value $1 (one dollar); below the horse, the date 23 April 2018.
Around above, the inscription THIRD BORN TO THE DUKE AND DUCHESS OF CAMBRIDGE.
Around below, an English rose and New Zealand ferns. |
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| Reverse Inscription |
THIRD BORN TO THE DUKE AND DUCHESS OF CAMBRIDGE $1 23 April 2018 |
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| Edge | Milled | Edge Inscription | None |
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| Notes | Finish: proof, coloured, with crystal insert.
Packaging: in presentation box.
NZ Post SKU: CU8ISPCN
Issue price: NZ$ 149.00 |
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