Silver Ounce 2020 WWII 75 Years Peace, 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 was issued to commemorate the day the war was truly over for New Zealand, and celebrate the arrival of peace 75 years ago.

NZ Post says about it:
Japan’s surrender marked the true end of World War Two for New Zealanders. This 1oz silver proof coin evokes the sights and sounds of this day, when citizens across the country celebrated with civic thanksgiving events, church services, parades, band performances, community singing, sporting events, dances and bonfires. The fine detail of the newspaper text can be clearly read when magnified. Issued to commemorate this 75th anniversary, this highly detailed coin minted by The Commonwealth Mint, United Kingdom is a must-have for any World War Two collection.