Two Cents 1974, Coin from New Zealand - detailed information

Two Cents 1974, Coin from New Zealand (demonetised 1990)
CoinTwo Cents 1974

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 1974 circulated for 16 years before they were demonetised on 1 May 1990.

MintRoyal Australian Mint Mint MarkNo mint mark Total Mintage50,023,000 (50.0 million)
Obverse
New Zealand / Two Cents 1974 - 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 1974.
Obverse Inscription ELIZABETH II NEW ZEALAND 1974
Reverse
New Zealand / Two Cents 1974 - 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

Krause catalogues list mintage of 50,015,000. This may include coins in mint sets (in which case there would have been 15,000 of them), but such are not listed separately.

Two Cents 1974: Known varieties
Variety In sets
Mintage Issued: 15,000 (included in total)
Details

Inferred from Reserve Bank of New Zealand and Krause figures, but not listed separately by either of them.

Variety Proof
Mintage Issued: 8,000 (included in total)
Two Cents 1974: References to Information Used
SourceEditionAboutLinkNotes
Reserve Bank of New Zealand Mint link
Reserve Bank of New Zealand Mintage link
Krause, Standard Catalog of World Coins Mintage Proof mintage
Krause, Standard Catalog of World Coins Varieties Proof
Two Cents 1974 / Best-effort future value guesstimates based on past value trends in currency: New Zealand Dollar (NZD)
Two Cents 1974 / 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 Australian MintBrilliant Uncirculated (BU) 2.99 2.96 2.94 2.91
Royal Australian MintFine (F) 1.03 1.04 1.05 1.05
MintVarietyGrade2018201920202021
See FAQ before use! This is not a proper prediction!
Royal Australian MintProofProof FDC (PR65 and above) 2.99 2.96 2.93 2.89
Royal Australian MintProofProof 2.93 2.88 2.82 2.77
Royal Australian MintGem Uncirculated 1.99 1.97 1.95 1.93
Royal Australian MintBrilliant Uncirculated (BU) 1.01 0.86 0.71 0.55
Royal Australian MintUncirculated (UNC) 0.48 0.38 0.29 0.19
Royal Australian MintExtra Fine (EF, XF) 0.26 0.22 0.19 0.15
Royal Australian MintVery Fine (VF) 0.10 0.10 0.10 0.09
Historic values in NZD for Two Cents 1974 / Royal Australian 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 1974 / Royal Australian 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 1974 / Proof / Royal Australian 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 (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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Royal Mint
Royal Mint
Two Cents 1974: Details
CountryNew Zealand
CurrencyNew Zealand Dollar
Coin TypeTwo Cents
Issued1974
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Second Portrait, by Arnold Machin
Face Value2 (x Cent)
Total Mintage50,023,000 (50.0 million)
CurrentNo; demonetised 1990
MaterialBronze
DesignerReginald George James Berry
TechnologyMilled (machine-made)
ShapeRound
Size21.0800 mm
Mass4.1400 g
OCC IDDBYN-KODD-CWZQ-OPQM
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Two Cents 1974: Photos
ImageDetails
New Zealand, Elizabeth II, 2 Cents, 1974
Copyright: NumisCorner.com
Source
New Zealand, Elizabeth II, 2 Cents, 1974
Copyright: NumisCorner.com
Source
Two Cents 1974: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsNew Zealand KM# 32.1
Relevant Links
Museums Victoria: Coin - 2 Cents, New Zealand, 1974