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5 Dollars - Elizabeth II 3rd Portrait, Sheep fleece
| Issuer | Reserve Bank of New Zealand |
|---|---|
| Year | 1998 |
| Type | Log in to see details |
| Value | 5 Dollars |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | 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 | ELIZABETH II NEW ZEALAND RDM 1998 |
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| Reverse lettering | Log in to see details |
| Edge | Reeded |
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| Additional information |
New Zealand's $5 coin denomination had a short and largely unloved run. Introduced in 1990, it was withdrawn from circulation in 2006 after persistent public complaints that it was too easily confused with the $2 coin and offered poor value for its bulk. The sheep reverse tied the coin explicitly to the pastoral export economy that had defined New Zealand's national income for over a century — wool alone accounted for the majority of export earnings well into the postwar decades, though by 1998 that dominance had long since collapsed under competition from synthetics.