- New Zealand 20 cent coin
-
Twenty cents New Zealand Value 0.20 New Zealand dollars Mass 4.00 g Diameter 21.75 mm Thickness 1.56 mm Edge "Spanish flower" Composition Nickel-plated steel Years of minting 2006 - present Catalog number - Obverse 
Design Queen Elizabeth II Designer Ian Rank-Broadley Design date 1999 Reverse 
Design Māori carving of Pukaki, a chief of the Ngāti Whakaue iwi Designer Robert Maurice Conly Design date 1990 The New Zealand 20 cent coin is currently the second lowest denomination coin of the New Zealand dollar. The 20 cent coin was introduced when the New Zealand dollar was introduced on 10 July, 1967, replacing the New Zealand florin coin. Its original reverse of a kiwi bird was changed in 1990 when the image was moved onto the one dollar coin. In 2006 its size was reduced and its edge altered a to a Spanish flower as part of a revision of New Zealand's coins, which also saw its alloy become nickel-plated steel..
Contents
Design
1967 to 1990
On 10 July 1967, New Zealand's former pre-decimal pound currency, pegged to the British pound, was changed to a decimal dollar at a rate of two dollars to a pound. Therefore, 20 cents was worth a tenth of a poun. The 20 cent coin replaced the florin coin which had been worth two shillings, or a tenth of a pound.
Like the florin, the new 20 cent coin was made of cupronickel, 28.58 mm in diameter, 11.31 grams in weight, and had 100% edge milling. The 20 cent coin retained the presence of a kiwi bird on the reverse of the florin, albeit in a different design.
The original obverses of 20 cent coins depicted Arnold Machin's portrait of Queen Elizabeth II. In 1986 the portrait was changed to the the one by Raphael Maklouf, which had been introduced to the coins of the pound sterling in the previous year. Mintings of this coin from 1990 are rare.
1990 to 2006
In 1990, the new $1 and $2 coins were released to replace the $1 and $2 notes. As the $1 depicted a kiwi also, the 20 cent's reverse had to be redesigned. The new reverse side featured the well-known Māori carving depicting Pukaki, a chief of the Ngāti Whakaue iwi (tribe) of Te Arawa[1]. In 1999, the portrait of the Queen was changed to a version by Ian Rank-Broadley which had been introduced to the coins of the pound sterling in the previous year. [2] No 20 cent coins were minted between 1991 and 2001 [3].
The existing 20 cent coins remained in circulation and greatly outnumbered the new design until 2006.
2006 onwards
On July 31, 2006, the new 20 cent coin was released alongside the new 10 cent and 50 cent coins as part on the Reserve Bank's "Change for the better" silver coin replacement. The new 20 cent coin had the same reverse as the 1990 to 2006 minted coins and the same obverse as the 1999-onward coins, but the coins were reduced in size. The new 20 cent coins are made of steel, covered in a layer of nickel, copper, then nickel again. The new coins are 21.75 mm in diameter and 4 grams in weight. They have Spanish flower milling around the edge, splitting it into seven sections. For their introduction in 2006, 116 million were minted, with a total value of NZ$23.2 million. The only other year of issue was 2008, where 80 million coins and a total value of NZ$16 million were issued [4].
The old 20 cent coins were demonetized on November 1, 2006.Minting figures
According to Reserve Bank of New Zealand. Values are in New Zealand dollars [5]. No large 20 cent coins were minted in 1968, 1970, 1991-2001, 2003. Due to the large amount made for the introduction of the small 20 cent, none were minted in 2007 or from 2009 onwards.
- 1967: $2,600,000
- 1969: $500,000
- 1971: $320,000
- 1972: $303,000
- 1973: $610,000
- 1974: $907,000
- 1975: $1,000,000
- 1976: $1,500,000
- 1977: $1,500,000
- 1978: $500,000
- 1979: $1,600,000
- 1980: $1,800,000
- 1981: $1,500,000
- 1982: $3,500,000
- 1983: $500,000
- 1984: $300,000
- 1985: $1,200,000
- 1986: $2,500,000
- 1987: $2,800,000
- 1988: $2,500,000
- 1989: $1,000,000
- 1990: $1,000,000
- 2002: $1,400,000
- 2004: $1,700,000
- 2005: $800,000
- 2006: $23,320,000
- 2008: $16,000,000
See also
References
- ^ Reserve Bank of New Zealand
- ^ http://worldcoingallery.com/countries/display.php?image=img17/131-118&desc=New Zealand km118 20 Cents (1999-2005)&query=New Zealand
- ^ http://www.rbnz.govt.nz/statistics/currency/f4/hf4.xls
- ^ http://www.rbnz.govt.nz/statistics/currency/f4/hf4.xls
- ^ http://www.rbnz.govt.nz/statistics/currency/f4/hf4.xls
New Zealand currency Coins Banknotes Historic (before 1967) Topics Economy of New Zealand Economic history Currency New Zealand 20 cent coin • New Zealand twenty dollar note • Banknotes of the New Zealand dollar • Coins of the New Zealand dollar • New Zealand dollar • New Zealand one dollar coin • New Zealand poundGovernment Industry Australian and New Zealand Standard Industrial Classification • Beer in New Zealand • Campaign Against Foreign Control of Aotearoa • International rankings of New Zealand • Kauri gum • KiwiSaver • Leaky homes crisis • Licensing Trust • Median household income in Australia and New Zealand • Mortgagee auction • New Zealand Business Roundtable • The New Zealand Institute • Social class in New Zealand • Tourism in New Zealand • WoodchippingAgreements Closer Economic Relations • New Zealand – Malaysia Free Trade Agreement • New Zealand free trade agreements • New Zealand – China Free Trade Agreement • Trans-Pacific Strategic Economic PartnershipCategories:- Coins of New Zealand
- Currencies of New Zealand
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