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After several decades of proposals, the New Zealand government pursued the creation of a domestic coinage the same year. [4] The Coinage Act, 1933, outlined the weights and sizes of the six denominations of New Zealand silver coinage, defining the shilling as a coin with a weight of 5.66 grams. [5] The shilling was worth twelve pence or half a ...
Coinage was first brought to New Zealand by whalers and traders in the early 19th century. Following the establishment of the Colony of New Zealand in the 1840s, Spanish silver coins formed the bulk of currency in circulation, but silver and gold coinage from the United States, Portugal, France, and the Netherlands also circulated.
Initially, British and Australian coins circulated in New Zealand. The devaluation of the New Zealand pound relative to sterling in the 1930s led to the issue of distinct New Zealand coins in 1933, in denominations of 3d, 6d, 1/– (one shilling), 2/– (or florin) and 2/6 (half-crown), minted in 50% silver until 1946 and in copper-nickel from ...
H.G. Williams, proprietor of the New Zealand Coin Exchange, in a letter to Treasury Secretary A.D. Park, February 7th, 1936 [10] The crowns were sold for seven shillings and six pence in New Zealand. Proof sets were sold for eighteen shillings and six pence in cardboard boxes, or for twenty-five shillings in leather cases.
On Monday 10 July 1967 ("Decimal Currency Day"), the New Zealand dollar was introduced to replace the pound at a rate of two dollars to one pound (one dollar to ten shillings, ten cents to one shilling, 5 ⁄ 6 cent to a penny). [12] Some 27 million new banknotes were printed and 165 million new coins were minted for the changeover. [9]
A 1933 UK shilling 1956 Elizabeth II UK shilling showing English and Scottish reverses. The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 1960s ...
The florin is a coin issued for the New Zealand pound from 1933 to 1965, equal to two shillings or twenty-four pence. The coin features a kiwi on the reverse and the reigning monarch on the obverse. The coin features a kiwi on the reverse and the reigning monarch on the obverse.
The coins of New Zealand comprise: Coins of the New Zealand pound, produced from 1933 to 1965, with British coinage used from 1857 to 1935;