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Coins Of The New Zealand Dollar
The coins of the New Zealand dollar are used for the smallest physical currency available in New Zealand. The current denominations are ten cents, twenty cents, fifty cents, one dollar and two dollars. The $1 and $2 coins are minted in a gold colour, the 20c and 50c coins are silver colour and the 10c coin is plated in copper. Larger denominations of the New Zealand dollar are minted as banknotes of the New Zealand dollar. History Pre-dollar Prior to 10 July 1967, the New Zealand pound, using the £sd system, was the currency of New Zealand. Coins of the pound tend to follow the size, weight, and composition of their British counterparts. The main coins in usage were the halfpenny (d), penny (1d), threepence (3d), sixpence (6d), shilling (1s), florin (2s), and halfcrown (2s 6d). First coins Decimalisation of the New Zealand currency occurred on 10 July 1967, when the New Zealand pound was replaced by the New Zealand dollar at a rate of one pound to two dollars (10 s ...
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Cash
In economics, cash is money in the physical form of currency, such as banknotes and coins. In bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets. Etymology The English word "cash" originally meant "money box", and later came to have a secondary meaning "money". This secondary usage became the sole meaning in the 18th century. The word "cash" derives from the Middle French ''caisse'' ("money box"), which derives from the Old Italian ''cassa'', and ultimately from the Latin ''capsa'' ("box").. History In Western Europe, after the fall of the Western Roman Empire, coins, silver jewelry and hacksilver (silver objects hacked into pieces) were for centuries the only form of mone ...
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Ian Rank-Broadley
Ian Rank-Broadley FRBS (born 1952) is a British sculptor who has produced many acclaimed works, among which are several designs for British coinage and the memorial statue of Princess Diana at Kensington Palace in London unveiled on her 60th birthday in 2021. Biography Born in Walton-on-Thames, Surrey, Rank-Broadley was educated at Epsom School of Art (1970–74) tutored by Bruce McLean, and Slade School of Fine Art, UCL (1974–76) with Reg Butler as his Director of Studies, Michael Kenny and John Davies as tutors, where he was awarded the Boise Travelling Scholarship. He then continued his studies at the British School at Rome. On his return to the U.K. he started as a professional sculptor specialising in low relief sculpture. He has assisted the sculptors Reg Butler and Ralph Brown RA. A member of the Royal British Society of Sculptors (Associate 1989, Fellow 1994), and a Brother of the Art Workers Guild (1995), he was made a Freeman of the Worshipful Company of Goldsmi ...
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HM Bark Endeavour
HMS ''Endeavour'' was a British Royal Navy research vessel that Lieutenant James Cook commanded to Australia and New Zealand on his first voyage of discovery from 1768 to 1771. She was launched in 1764 as the collier ''Earl of Pembroke'', with the Navy purchasing her in 1768 for a scientific mission to the Pacific Ocean and to explore the seas for the surmised ''Terra Australis Incognita'' or "unknown southern land". Commissioned as His Majesty's Bark ''Endeavour'', she departed Plymouth in August 1768, rounded Cape Horn and reached Tahiti in time to observe the 1769 transit of Venus across the Sun. She then set sail into the largely uncharted ocean to the south, stopping at the islands of Huahine, Bora Bora, and Raiatea west of Tahiti to allow Cook to claim them for Great Britain. In September 1769, she anchored off New Zealand, becoming the first European vessel to reach the islands since Abel Tasman's ''Heemskerck'' 127 years earlier. In April 1770, ''Endeavour'' becam ...
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New Zealand 50 Cent Coin
The New Zealand fifty-cent coin is a coin of the New Zealand dollar. It was the largest by denomination, diameter and mass to have been introduced on the decimalisation of the currency on 10 July 1967, replacing the pre-decimal crown coin (five shillings). A total of 81,585,200 pre-2006 50 cent coins were issued, with a total value of $40,792,600.00 On 31 July 2006, as part of a revision of New Zealand's coinage, the fifty cent was made smaller, lighter and of a cheaper alloy (nickel-plated steel). On 1 November of that year the previous larger fifty cent coin was demonetised. Both the larger and smaller coin featured on its reverse the ship on which Captain Cook became the first Briton to reach New Zealand, in October 1769. The obverse, as per all New Zealand coins, features the reigning monarch, which throughout the coin's mintage has only been Queen Elizabeth II. History Larger coin Following a 1959 committee, it was agreed in 1963 that New Zealand would use decimal curren ...
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Koru Kowhaiwhai
The ''koru'' () is a spiral shape based on the appearance of a new unfurling silver fern frond. It is an integral symbol in Māori art, carving and tattooing, where it symbolises new life, growth, strength and peace. Its shape "conveys the idea of perpetual movement," while the inner coil "suggests returning to the point of origin". Use in design The ''koru'' is the integral motif of the symbolic and seemingly abstract ''kowhaiwhai'' designs traditionally used to decorate ''wharenui'' (meeting houses). There are numerous semi-formal designs, representing different features of the natural world. The logo of Air New Zealand, the national carrier, incorporates a ''koru'' design—based on the Ngaru (Ngāti Kahungunu) kowhaiwhai pattern—as a symbol of New Zealand ''flora''. The logo was introduced in 1973 to coincide with the arrival of the airline's first McDonnell Douglas DC-10 wide-body jet. In 1983, Friedensreich Hundertwasser based his proposed design for a secondary New ...
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Spanish Flower
The Spanish flower (, or ''canto liso estriado'', "fluted smooth edge") is a type of coin flan shape. It consists of a smooth edge separated into equal sections by seven indents. At least two coin issuers, the European Union and Fiji, have mentioned explicitly that the Spanish flower shape was chosen to help the visually-impaired. However, the Polish Polish may refer to: * Anything from or related to Poland, a country in Europe * Polish language * Poles Poles,, ; singular masculine: ''Polak'', singular feminine: ''Polka'' or Polish people, are a West Slavic nation and ethnic group, w ... commemorative coin has different technical specifications than the circulation issue, which makes it impractical in daily use. Therefore, the Spanish flower shape has novelty value only on this coin. Origin The Spanish 50 peseta coins issued between 1990 and 2000 were the first to feature the Spanish flower shape. Coins with Spanish flower shape * Spain, 50 pesetas 1990-1999 * E ...
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New Zealand 20 Cent Coin
The New Zealand twenty-cent coin is 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 was changed in 1990 when the image was moved onto the one-dollar coin. In 2006 its size was reduced and its edge altered to a Spanish flower as part of a revision of New Zealand's coins, which also saw its alloy become nickel-plated steel instead of cupro-nickel. Design 1967 to 1990 On 10 July 1967, New Zealand decimalised its currency, replacing the pound with the dollar at a rate of one pound to two dollars and one shilling to ten cents. The 20-cent coin directly replaced the one-florin coin, which had been worth two shillings. 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 ki ...
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Queen Elizabeth II
Elizabeth II (Elizabeth Alexandra Mary; 21 April 1926 – 8 September 2022) was Queen of the United Kingdom and other Commonwealth realms from 6 February 1952 until Death and state funeral of Elizabeth II, her death in 2022. She was queen regnant of List of sovereign states headed by Elizabeth II, 32 sovereign states during her lifetime, and was head of state of 15 realms at the time of her death. Her reign of 70 years and 214 days was the List of monarchs in Britain by length of reign, longest of any British monarch and the List of longest-reigning monarchs, longest verified reign of any female monarch in history. Elizabeth was born in Mayfair, London, as the first child of the Duke and Duchess of York (later King George VI and Queen Elizabeth The Queen Mother). Her father acceded to the throne in 1936 upon Abdication of Edward VIII, the abdication of his brother Edward VIII, making the ten-year-old Princess Elizabeth the heir presumptive. She was educated privat ...
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New Zealand 10 Cent Coin
The New Zealand ten-cent coin is the lowest-denomination coin of the New Zealand dollar. The 10-cent coin was introduced when the New Zealand dollar was introduced on 10 July 1967, replacing the New Zealand shilling coin. In 2006 its size was reduced as part of a revision of New Zealand's coins, which also saw its alloy become copper-plated steel. Design 1967 to 2006 On 10 July 1967, New Zealand decimalised its currency, replacing the pound with the dollar at a rate of one pound to two dollars and one shilling to ten cents. The 10-cent coin was introduced to directly replace the one-shilling coin. The coin was made of cupronickel, 23.62 mm in diameter, and weighed 5.66 grams. It included the words "one shilling" for the years 1967, 1968 and 1969; this was dropped in 1970. 2006 onwards On 31 July 2006, the new 10-cent coin was released alongside the new 20-cent and 50-cent coins as part of the Reserve Bank's "Change for the better" silver coin replacement. The ne ...
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Reserve Bank Of New Zealand
The Reserve Bank of New Zealand (RBNZ, mi, Te Pūtea Matua) is the central bank of New Zealand. It was established in 1934 and is constituted under the Reserve Bank of New Zealand Act 1989. The governor of the Reserve Bank is responsible for New Zealand's currency and operating monetary policy. The Bank's current Governor is Adrian Orr. Employees of the bank operate under the framework of a managerial hierarchy. The Reserve Bank of New Zealand does not offer financial services to the public nor does it offer deposit insurance, and its website refers people to other financial institutions. Ownership The Reserve Bank has been wholly owned by the New Zealand Government since 1936. The Reserve Bank is established by an Act of Parliament (the Reserve Bank of New Zealand Act 1989) and it has statutory independence. The Reserve Bank is accountable to Parliament and provides an annual dividend to the Government. Monetary policy Primary Functions The Reserve Bank's primary functio ...
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New Zealand Post
NZ Post ( mi, Tukurau Aotearoa), shortened from New Zealand Post, is a state-owned enterprise responsible for providing postal service in New Zealand. The New Zealand Post Office, a government agency, provided postal, banking, and telecommunications services in New Zealand until 1987. By the 1980s, however, economic difficulties made the government reconsider how it delivered postal services. For example, in 1987–1988, the postal division lost NZ$50 million. In 1985, the Labour Party government under Prime Minister David Lange launched a review, led by New Zealand Motor Corporation CEO Roy Mason and KPMG New Zealand Chairman Michael Morris, to find solutions to the Post Office's problems. In its final report, the team recommended transforming the New Zealand Post Office into three state-owned enterprises. The government in 1986 decided to follow the Mason-Morris review's recommendations, and passed through parliament the State-Owned Enterprises Act, which corporatised several ...
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Medallic Orientation
Coin orientation (or coin alignment or variations of these) is the relation of the vertical orientation of the images on the obverse and reverse sides of coins to one another. The two basic relations are called ''medallic orientation'' and ''coin orientation''. Medallic orientation Medallic orientation (or ''medal alignment'', or variations of these) derives its name from medals tagged to a uniform. For a medal to display properly, when the obverse of the medal is right side up, a left or right turn must show the reverse also to be right side up. In other words, the tops of the obverse and reverse share the same position. In Britain this is sometimes called "British turnover". British coinage, most other Commonwealth coinage, Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the n ...
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