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150 Dollars - Elizabeth II Turtle

Issuer New Zealand Mint
Year 2016
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Value 150 Dollars
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Reverse description The reverse presents the plain cast surface of the rectangular silver bar, showing the characteristic texture and lustre of cast .999 fine silver with a smooth, slightly undulating finish typical of large-format cast bullion pieces.
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Mint New Zealand Mint
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Additional information

The New Zealand Mint, despite its name, is a private facility with no role in producing New Zealand's circulating coinage — that function belongs to the Royal Australian Mint. Operating purely in the bullion and collector market, it licenses designs from sovereign issuers worldwide. This 5-kilogram piece falls squarely into the "trophy bullion" category that expanded aggressively through the 2010s as mints competed for ultra-high-net-worth collectors.

The Cook Islands authorized the denomination, as it does for the majority of New Zealand Mint's oversized issues — a fiscal arrangement that costs the island nation nothing and earns modest licensing revenue.

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