The new 10c.,20c.,& 50c. coins are now in circulation.There will be 3 months of confusion in which both old & new coins will be in circulation.It is the death knell for the 5c. coin. You can see the new coins here; www.newcoins.govt.nz . I like the new 20c. the best,as it reminds me of the 20 Euro-Cents coin.I'm not so keen on the 10c. (being copper-coloured) or the 50c. Aidan.
So whats so cool about it? That they dumped 3 different coins? I bet that cute lizard you have on a 5c cost a way more than 5c. By the way, why are they talking about "savings" to the taxpayer? Isn't NZ reserve bank a private corporation, same as Federal Reserve bank of the USA?
Vlad,the Reserve Bank of New Zealand is 100% government owned.I don't know what propaganda the R.B.N.Z. are peddling.I certainly don't like a lot of their issuing policies. Aidan.
That they adapted the number and size of the denominations to their purchasing power, I guess. (As far as the diameter is concerned, the 50 cents coin was a bit large ...) Also, from what I have read, the new coins contain mostly (97%?) steel. That should make making them less expensive. Christian
Christian,we have had confirmed reports of Canadian coins being mixed in the shipment of New Zealand coins.One person found Canadian 5c. coins in a roll of New Zealand 20c. coins,despite the fact that the coins are of different shapes. The mix-up obviously occurred at the Royal Canadian Mint in Winnipeg. Aidan.
