Catalog
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| Issuer | Reserve Bank of New Zealand |
|---|---|
| Year | 1967-1985 |
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| Value | Log in to see details |
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| Composition | Bronze |
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|---|---|
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| Reverse description | A boldly rendered silver fern frond (Cyathea dealbata), New Zealand's national emblem, arches gracefully across the field from lower left to upper right, its finely detailed pinnae radiating in high relief. The large numeral 1 denoting the denomination is positioned centrally within the arc of the frond. The engraver's initials JB (James Berry) appear in small characters at the base of the fern stem near the lower rim. No additional legend or inscription appears on this face. |
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| Reverse lettering | 1 JB |
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| Additional information |
New Zealand decimalized on 10 July 1967, replacing the pound system at a rate of two dollars to the pound. The cent series that launched that day was the first coinage issued under the Reserve Bank's direct authority following the country's full monetary independence from British oversight. Production was handled by the Royal Mint in London initially, with the Royal Australian Mint in Canberra taking over a significant share of output as the decade progressed.
The series ran until 1985, when rampant inflation had rendered the one-cent piece economically redundant. It was demonetized in 1989 along with the two-cent coin.