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However, as pound sterling coinage in New Zealand was devalued relative to the same coins' value in Britain, a resulting wave of currency smuggling caused a massive decline in the amount of British silver coins available in New Zealand. The devalued pound sterling coinage in circulation in New Zealand was smuggled into Australia and the United ...
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 ...
The New Zealand threepence is a coin of the New Zealand pound issued from 1933 to 1965. Equal to three pence, the coin was the smallest in size of all New Zealand pound coinage and the smallest in denomination of the initial 1933 issue of New Zealand pound coinage, produced due to shortages of British silver coins resulting from the devaluation of local currency relative to the pound sterling.
The half-crown is the largest of five denominations of New Zealand pound coinage first issued in 1933. Introduced due to shortages of comparable British silver coinage following the devaluation of the New Zealand pound relative to the pound sterling, the coin measures roughly 32 mm (1.3 in) in diameter.
The New Zealand sixpence is a coin of the New Zealand pound issued from 1933 to 1965. Equal to twice a threepence or half a shilling , the sixpence was one of five denominations of silver coins introduced in the initial issue of New Zealand coinage in 1933.
The New Zealand shilling was first issued in 1933 alongside four other denominations of New Zealand pound coinage, introduced due to shortages of comparable British silver coinage following the devaluation of the New Zealand pound relative to the pound sterling. Roughly 24 mm in diameter, it is slightly larger than the British coin it replaced.
The halfpenny was the second smallest denomination of the British pound sterling which saw circulation in New Zealand, alongside the farthing.While the pound was confirmed as legal tender in 1858, [1] it had in effect been the sole circulating currency since 1847, after various foreign coinage was removed from circulation in the newly founded colony.
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.