New Zealand: Coin Two Cents 1967 (no date, Bahamas mule) - detailed information

New Zealand: Coin Two Cents 1967 (no date, Bahamas mule)
CoinTwo Cents 1967 (no date, Bahamas mule)

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.

MintRoyal Mint
Obverse
New Zealand / Two Cents 1967 (no date, Bahamas mule) - obverse photo

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
New Zealand / Two Cents 1967 (no date, Bahamas mule) - 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
EdgePlain
Edge InscriptionNone
Notes

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

Two Cents 1967 (no date, Bahamas mule): References to Information Used
Two Cents 1967 (no date, Bahamas mule) / Best-effort future value guesstimates based on past value trends in currency: New Zealand Dollar (NZD)
MintVarietyGrade2018201920202021
See FAQ before use! This is not a proper prediction!
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: US Dollar (USD)
MintVarietyGrade2018201920202021
See FAQ before use! This is not a proper prediction!
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)
All Coins of Country: New Zealand, Type: Two Cents (23)
Coin NameMintageEffigyLegend
Two Cents 1967 75,300,010 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1967
Two Cents 1967 (no date, Bahamas mule) 50,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II BAHAMA ISLANDS
Two Cents 1968 (mint sets only) 75,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1968
Two Cents 1969 20,560,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1969
Two Cents 1970 (mint sets only) 50,010 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1970
Two Cents 1971 15,070,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1971
Two Cents 1972 17,533,045 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1972
Two Cents 1973 38,573,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1973
Two Cents 1974 50,023,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1974
Two Cents 1975 20,025,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1975
Two Cents 1976 15,027,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1976
Two Cents 1977 20,012,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1977
Two Cents 1978 (mint sets only) 38,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1978
Two Cents 1979 (mint sets only) 41,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1979
Two Cents 1980 10,044,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1980
Two Cents 1981 25,043,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1981
Two Cents 1982 50,043,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1982
Two Cents 1983 15,043,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1983
Two Cents 1984 10,040,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1984
Two Cents 1985 22,532,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1985
Two Cents 1986 (mint sets only) 28,000 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH II NEW ZEALAND 1986
Two Cents 1987 36,278,000 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH II NEW ZEALAND 1987
Two Cents 1988 (mint sets only) 24,000 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH II NEW ZEALAND 1988
Two Cents 1967 (no date, Bahamas mule): Details
CountryNew Zealand
CurrencyNew Zealand Dollar
Coin TypeTwo Cents
Issued1967
MonarchQueen Elizabeth II
EffigyPortrait by Arnold Machin (Second Portrait)
Face Value2 (x Cent)
CurrentNo (demonetised 1990)
Mintage50,000
MaterialBronze
DesignerReginald George James Berry
TechnologyMilled (machine-made)
ShapeRound
Size (mm)21.0800
Mass (g)4.1400
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Two Cents 1967 (no date, Bahamas mule): Photos
ImageDetails
1967 Bahamas Mule
Copyright: New Zealand Coin Errors and Varieties
Source
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