New Zealand one-cent coin
New Zealand | |
| Value | 0.01 Reginald George James Berry |
|---|---|
| Design date | 1967 |
The New Zealand one-cent coin (minted 1967-1987, demonetised 1990), was the smallest denomination coin of the
History
Coins of the New Zealand dollar were introduced on 10 July 1967 to replace the pre-decimal
In 1986 the portrait was changed to the version by Raphael Maklouf,[3] introduced to the coins of the pound sterling in 1985. In 1988, the bronze one and two-cent coins had become too expensive to produce as inflation lowered the value of the dollar and their minting ceased. They remained legal tender until 30 April 1990.
Minting figures
According to the Reserve Bank of New Zealand[4] no one-cent coins were issued in 1968 or 1969 due to the large amount issued on their introduction in 1967, or in 1977. In years with no regular mintings, coins were still issued in mint sets.
- 1967: 120,000,000
- 1970: 10,100,000
- 1971: 10,000,000
- 1972: 10,000,000
- 1973: 15,000,000
- 1974: 35,000,000
- 1975: 60,000,000
- 1976: 20,000,000
- 1978: 15,000,000
- 1979: 35,000,000
- 1980: 40,000,000
- 1981: 10,000,000
- 1982: 10,000,000
- 1983: 40,000,000
- 1984: 30,000,000
- 1985: 40,000,000
- 1986: 25,000,000
- 1987: 27,500,000
- Total issued: 552,600,000
- Total value: $5,526,000.00
Counting proofs and coins in mint sets, a total of 553,466,065 (553 million) coins of the denomination were minted during its existence.[5]
See also
References
- ^ a b "The history of New Zealand coins - Reserve Bank of New Zealand - Te Pūtea Matua".
- ^ "Worldcoingallery.com". worldcoingallery.com. Retrieved 2023-11-03.
- ^ "Worldcoingallery.com". worldcoingallery.com. Retrieved 2023-11-03.
- ^ "Coin mintings (F4) - Reserve Bank of New Zealand - te Pūtea Matua".
- ^ "One Cent from New Zealand". Online Coin Club.