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50 Dollars - Elizabeth II 4th Portrait, Victoria Twenty Sovereigns

Issuer Reserve Bank of New Zealand
Year 2019
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Value 50 Dollars
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Obverse script Latin
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Reverse description At centre, a raised coin-within-coin design featuring the veiled and diademed bust of Queen Victoria facing left, depicted in the style of her later portrait, with a pearl necklace at her throat. The legend VICTORIA REGINA arcs above the inner coin design, while TWENTY SOVEREIGNS curves along the lower portion; the dates 1819 and 1901, marking the Queen's birth and death years, appear to the right of the effigy. The surrounding field is elaborately decorated with an openwork filigree border incorporating interlaced Māori koru scrollwork motifs and geometric latticework, framing the central medallion in a deeply sculptural relief.
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Additional information

This issue recreates the Victorian-era Twenty Sovereigns denomination — a face value that never existed as a circulating coin in the British monetary system. The Reserve Bank packaged it as a collector piece tied to the 200th anniversary of Queen Victoria's birth in 1819, bundling the weight of twenty sovereigns into a single slug of 22-carat gold.

New Zealand's legal tender face value of fifty dollars is purely nominal — the gold content alone exceeds that by orders of magnitude at any modern spot price.

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