Two Cents 1967, Coin from New Zealand - detailed information

Two Cents 1967, Coin from New Zealand (demonetised 1990)
CoinTwo Cents 1967

The New Zealand two-cent coin was the second smallest denomination coin of the New Zealand dollar from the currency's introduction in 1967 to its demonetisation, along with the one-cent coin, in 1990. Its reverse featured two kowhai flowers, considered emblematic of New Zealand. Coins issued in 1967 circulated for 23 years before they were demonetised on 1 May 1990.

Due to an error at the Royal Mint in London, an estimated 50,000 coins were struck with an obverse die meant for the Bahama Islands; these have no date, as the respective five cent coin it was paired with had the date on the reverse. Many of these coins were released into circulation before the error was discovered. This variety is known as The Bahamas Mule and is listed separately.

MintRoyal Mint Mint MarkNo mint mark Total Mintage75,300,010 (75.3 million), Rarity: C (Common)
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Obverse
New Zealand / Two Cents 1967 - obverse photo

Diademed and draped bust of Queen Elizabeth II facing right (effigy known as the "Second portrait", by Arnold Machin); around, the monarch's legend ELIZABETH II NEW ZEALAND; below, the date 1967.

Obverse Inscription ELIZABETH II NEW ZEALAND 1967
Reverse
New Zealand / Two Cents 1967 - reverse photo

Two curved kowhai flowers and leaves surrounding the figure 2 [cents] at lower right. The artist's initials JB (for [Reginald George] James Berry) are in tiny letters under the last leaf.

Reverse Inscription 2
EdgePlainEdge InscriptionNone
Notes

The mintage of this coin includes an estimated 50,000 error coins known as the "Bahamas mule", or "No Date" 1967 where the obverse was struck using the obverse die for the Bahama Islands 5 cents.

The John Bertrand Coin and Banknote Catalogue lists an additional 300,000 circulation coins, which is at variance with the mintage figure provided by the Reserve Bank of New Zealand.

Two Cents 1967: Known varieties
Variety In sets
Mintage Issued: 250,000 (included in total)
Variety Prooflike
Mintage Issued: 50,000 (included in total)
Variety Proof
Mintage Issued: 10 (included in total)
Two Cents 1967: References to Information Used
SourceEditionAboutLinkNotes
Reserve Bank of New Zealand Mint link
Krause, Standard Catalog of World Coins Mint Prooflike and proof mint
Reserve Bank of New Zealand Mintage link Circulation mintage
Krause, Standard Catalog of World Coins Mintage Varieties mintage
Krause, Standard Catalog of World Coins Varieties Prooflike and proof
Two Cents 1967 / Best-effort future value guesstimates based on past value trends in currency: New Zealand Dollar (NZD)
Two Cents 1967 / Best-effort future value guesstimates based on past value trends in currency: US Dollar (USD)
MintVarietyGrade2018201920202021
See FAQ before use! This is not a proper prediction!
Royal MintBrilliant Uncirculated (BU) 1.99 1.98 1.96 1.94
Royal MintFine (F) 1.03 1.04 1.05 1.05
MintVarietyGrade2018201920202021
See FAQ before use! This is not a proper prediction!
Royal MintProoflikeGem Uncirculated 0.75 0.74 0.73 0.72
Royal MintProoflikeBrilliant Uncirculated (BU) 0.73 0.72 0.71 0.69
Royal MintGem Uncirculated 0.25 0.25 0.24 0.24
Royal MintBrilliant Uncirculated (BU) 0.15 0.13 0.12 0.10
Royal MintUncirculated (UNC) 0.10 0.09 0.08 0.07
Royal MintExtra Fine (EF, XF) 0.10 0.10 0.09 0.09
Historic values in NZD for Two Cents 1967 / Royal Mint / (generated 8/2018). Inflation-corrected to 2017.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for Two Cents 1967 / Royal Mint / (generated 8/2018). Inflation-corrected to 2017.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in NZD for Two Cents 1967 / Royal Mint / (generated 10/2016). Inflation-corrected to 2015.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for Two Cents 1967 / Prooflike / Royal Mint / (generated 8/2018). Inflation-corrected to 2017.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for Two Cents 1967 / Royal Mint / (generated 10/2016). Inflation-corrected to 2015.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
All (23) coins of type: Two Cents
Coin NameMintageEffigyLegend
Two Cents 1967 75,300,010 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1967
Two Cents 1967 (no date, Bahamas mule) 50,000 Queen Elizabeth II - Second Portrait ELIZABETH II BAHAMA ISLANDS
Two Cents 1968 (mint sets only) 75,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1968
Two Cents 1969 20,560,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1969
Two Cents 1970 (mint sets only) 50,010 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1970
Two Cents 1971 15,070,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1971
Two Cents 1972 17,533,045 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1972
Two Cents 1973 38,573,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1973
Two Cents 1974 50,023,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1974
Two Cents 1975 20,025,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1975
Two Cents 1976 15,027,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1976
Two Cents 1977 20,012,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1977
Two Cents 1978 (mint sets only) 38,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1978
Two Cents 1979 (mint sets only) 41,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1979
Two Cents 1980 10,044,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1980
Two Cents 1981 25,043,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1981
Two Cents 1982 50,043,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1982
Two Cents 1983 15,043,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1983
Two Cents 1984 10,040,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1984
Two Cents 1985 22,532,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1985
Two Cents 1986 (mint sets only) 28,000 Queen Elizabeth II - Third Portrait ELIZABETH II NEW ZEALAND 1986
Two Cents 1987 36,278,000 Queen Elizabeth II - Third Portrait ELIZABETH II NEW ZEALAND 1987
Two Cents 1988 (mint sets only) 24,000 Queen Elizabeth II - Third Portrait ELIZABETH II NEW ZEALAND 1988
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Two Cents 1967: Details
CountryNew Zealand
CurrencyNew Zealand Dollar
Coin TypeTwo Cents
Issued1967
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Second Portrait, by Arnold Machin
Face Value2 (x Cent)
Circulation Mintage75,000,000 (75.0 million)
Total Mintage75,300,010 (75.3 million), Rarity: C (Common)
CurrentNo; demonetised 1990
MaterialBronze
DesignerReginald George James Berry
TechnologyMilled (machine-made)
ShapeRound
Size21.0800 mm
Mass4.1400 g
OCC IDZQRA-PEBN-CMGV-EYJD
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Two Cents 1967: Photos
ImageDetails
Coin - 2 Cents, New Zealand, 1967
Copyright: Museums Victoria / CC BY
Author:
Source
Coin - 2 Cents, New Zealand, 1967
Copyright: Museums Victoria / CC BY
Author:
Source
Two Cents 1967: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsNew Zealand KM# 32.1