Silver Ounce 2023 Tokoeka 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 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 is part of an annual series featuring a new Kiwi design every year, and depicts the Tokoeka Southern Brown Kiwi (Apteryx australis) - New Zealand’s smallest kiwi.

NZ Post says about it:
Unusual among kiwi, tokoeka are sometimes active during the daytime. On Rakiura they are often spotted by visitors and can sometimes be seen on the beach foraging for food. Tokoeka protect each other by living in family units, with offspring staying as helpers to their parents for up to seven years, sharing the task of incubating their siblings before they hatch. The combined population numbers for the three tokoeka taxa make it the most numerous kiwi species, with over 30,000 birds in the wild.