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20 Dollars - Elizabeth II 4th Portrait, The Four Winds
| Issuer | Reserve Bank of New Zealand |
|---|---|
| Year | 2022 |
| Type | Log in to see details |
| Value | 20 Dollars |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | NEW ZEALAND .999 Ag 1kg ELIZABETH II IRB 2022 |
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| Reverse script | Latin |
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| Additional information |
New Zealand's "Four Winds" kilo belongs to a collector bullion program that RBNZ has used since the 2010s to push into the high-end commemorative market dominated by the Perth and Royal Canadian mints. Production runs on these kilo-format issues are typically capped in the low hundreds, and secondary market movement is almost entirely driven by the thematic series rather than silver spot.
Elizabeth II's fourth portrait, by Ian Rank-Broadley, was adopted by New Zealand in 1999 and remained current until her death in September 2022 — making issues from that final year the last New Zealand coinage struck under the effigy she carried for over two decades.