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Detailed information about Coin: Two Cents 1967 from New Zealand

Coin: Two Cents 1967
Description

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.

CountryNew Zealand CurrencyNew Zealand Dollar
Face value2 (x Cent) TypeTwo Cents
Year1967 CurrentNo (demonetised 1990)
Mintage75,300,010 (75.3 million) RarityC (Common)
Mints
NameMint markMintage
Royal Mint No mint mark 75,300,010 (75.3 million), Rarity: C (Common)
MaterialBronze DesignerReginald George James Berry
MonarchQueen Elizabeth II EffigyPortrait by Arnold Machin (Second Portrait)
Production technologyMilled (machine-made) ShapeRound
Size (mm)21.0800 Thickness (mm)
Mass (g)4.1400
Obverse

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

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 inscription2
EdgePlain Edge 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
VarietyMintageDetails
In sets 250,000 (included in main number)
Prooflike 50,000 (included in main number)
Proof 10 (included in main number)
Two Cents 1967: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsNew Zealand KM# 32.1
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: NZD. See FAQ before use!
Years
MintVarietyGrade2018201920202021
Royal MintBrilliant Uncirculated (BU) 1.99 1.98 1.96 1.94
Royal MintFine (F) 1.03 1.04 1.05 1.05
Two Cents 1967 / Best-effort future value guesstimates based on past value trends in currency: USD. See FAQ before use!
Years
MintVarietyGrade2018201920202021
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)
Two Cents 1967: Some useful external links
Museums Victoria: Coin - 2 Cents, New Zealand, 1967
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List of all (23) coins of type: New Zealand / Two Cents
Two Cents 1967 Two Cents 1967 (no date, Bahamas mule) Two Cents 1968 (mint sets only) Two Cents 1969 Two Cents 1970 (mint sets only) Two Cents 1971
Two Cents 1972 Two Cents 1973 Two Cents 1974 Two Cents 1975 Two Cents 1976 Two Cents 1977
Two Cents 1978 (mint sets only) Two Cents 1979 (mint sets only) Two Cents 1980 Two Cents 1981 Two Cents 1982 Two Cents 1983
Two Cents 1984 Two Cents 1985 Two Cents 1986 (mint sets only) Two Cents 1987 Two Cents 1988 (mint sets only)