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Detailed information about Coin: Two Cents 1967 (no date, Bahamas mule) from New Zealand

Coin: Two Cents 1967 (no date, Bahamas mule)
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.

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. They soon became popular with collectors though, so would not have circulated for long before being hoarded by somebody.

This mule is listed under New Zealand everywhere because all these coins were found in New Zealand shortly after release, and were apparently minted at the Royal Mint as part of the regular New Zealand coinage of the year, then shipped there accordingly.

CountryNew Zealand CurrencyNew Zealand Dollar
Face value2 (x Cent) TypeTwo Cents
Year1967 CurrentNo (demonetised 1990)
Mintage50,000 (50000)
Mints
NameMint markMintage
Royal Mint No mint mark 50,000 (50000)
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 (in error), ELIZABETH II BAHAMA ISLANDS.

Obverse inscription ELIZABETH II BAHAMA ISLANDS
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

Mintage is estimated, and is included in the regular mintage for 1967.

Two Cents 1967 (no date, Bahamas mule): Photos
Two Cents 1967 (no date, Bahamas mule): Photo 1967 Bahamas Mule
1967 Bahamas Mule
Copyright: New Zealand Coin Errors and Varieties
source
Two Cents 1967 (no date, Bahamas mule): Photo 1967 Bahamas Mule
1967 Bahamas Mule
Copyright: New Zealand Coin Errors and Varieties
source
Two Cents 1967 (no date, Bahamas mule): Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsNew Zealand KM# 33
Two Cents 1967 (no date, Bahamas mule): References to Information Used
SourceEditionAboutLinkNotes
Remick, Catalogue of British Commonwealth Coins 1971 Mint
Krause, Standard Catalog of World Coins Mintage
Two Cents 1967 (no date, Bahamas mule) / Best-effort future value guesstimates based on past value trends in currency: NZD. See FAQ before use!
Years
MintVarietyGrade2018201920202021
Royal MintBrilliant Uncirculated (BU) 127.87 136.27 144.67 153.07
Royal MintFine (F) 61.50 63.72 65.93 68.14
Two Cents 1967 (no date, Bahamas mule) / Best-effort future value guesstimates based on past value trends in currency: USD. See FAQ before use!
Years
MintVarietyGrade2018201920202021
Royal MintGem Uncirculated 29.89 29.57 29.25 28.94
Royal MintBrilliant Uncirculated (BU) 21.92 20.43 18.94 17.44
Royal MintUncirculated (UNC) 18.11 17.31 16.51 15.71
Royal MintExtra Fine (EF, XF) 15.03 14.90 14.77 14.64
Royal MintVery Fine (VF) 7.93 7.80 7.68 7.55
Historic values in NZD for Two Cents 1967 (no date, Bahamas mule) / 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 (no date, Bahamas mule) / 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)
Two Cents 1967 (no date, Bahamas mule): Some useful external links
1967 New Zealand 2c Bahama Islands 5c Mule - The Australian Coin Collecting Blog
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American Bullion Inc. - Free Gold Guide
American Bullion Inc. - Free Gold Guide
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)