5 Dollars - Charles III Elizabeth II & Charles III

New Zealand's transition from Elizabeth II to Charles III coinage began in earnest after the Royal Mint issued formal effigy guidance in 2023, with Jody Clark's portrait of Charles — first cut for UK coinage in 2015 — adopted across Commonwealth realms on a rolling basis. New Zealand was among the slower adopters, meaning transitional pieces acknowledging both reigns carry genuine documentary interest for Commonwealth series collectors. The 62.2g weight places this squarely in the two-troy-ounce bullion format that the New Zealand Treasury has leaned on heavily since the 2010s for its annual silver programs.