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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 large two ounces of silver format (abbreviated as 2 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: | ||||||
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Wild Winds Ancient Coins |
Source | Edition | About | Link | Notes |
---|---|---|---|---|
New Zealand Post | 2020 | Coin description | ||
New Zealand Post | 2020 | Mint | ||
New Zealand Post | 2020 | Mintage |
There is a one-ounce silver coin with the same design, not coloured, issued in a three-country set.
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Royal Mint |
Country | New Zealand |
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Currency | New Zealand Dollar |
Coin Type | Silver Two Ounces (2 oz) |
Issued | 2020 |
Monarch | Queen Elizabeth II |
Effigy | Queen Elizabeth II - Fourth Portrait, by Ian Rank-Broadley |
Face Value | 1 (x Dollar) |
Total Mintage | 750 |
Current | Yes |
Material | 0.999 Silver |
Designer | Nicky Dyer |
Technology | Milled (machine-made) |
Shape | Round |
Orientation | Medal Alignment (Axis 0) |
Size | 50.0000 mm |
Mass | 62.2000 g |
OCC ID | YRVP-EVRC-WQBB-EDQG |