New Zealand ten-cent coin

Last updated

Ten cents
New Zealand
Value0.10 New Zealand dollars
Mass3.30 g
Diameter20.5 mm
Thickness1.58 mm
Edgeunmilled
Composition Copper-plated steel
Years of minting2006–present
Catalog number
Obverse
Design Elizabeth II
Charles III
Designer Ian Rank-Broadley
Dan Thorne
Design date1999 (IRB), 2024 (DT)
Reverse
DesignA Māori carved mask or koruru with Māori rafter patterns
Designer Reginald George James Berry
Design date1967

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.

Contents

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 millimetres 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 new 10-cent coin had the same reverse as the 1967 to 2006 minted coins and the same obverse as the 1999-onward coins, but the coins were reduced in size. The new 10-cent coins are made of steel, plated with copper. The new coins are 20.5 millimetres in diameter and 3.30 gram in weight. They have unmilled edges. It also appears that the new coin has taken on a possible new feature located between the tongue of the tiki: two small letters, J on the left side and B on the right, engraved into the coin. [1]

The old 10-cent coins were demonetised on 1 November 2006, and they could be exchanged for current legal tender at commercial banks for a limited time. A total of 260,210,000 old 10-cent coins were issued, a total value of $26,021,000.00.

From 2006 to 2024, 381,190,000 new 10-cent coins have been issued, a total value of $38,190,000.00

After the death of Queen Elizabeth II in September 2022, the Reserve Bank said it would exhaust its existing coin stocks before introducing new coins featuring King Charles III. [2] In March 2024 the Reserve bank confirmed that new 10 cent coins will be minted featuring King Charles III around 2025 and be released 2 years later. [3] In 2024, the first 22,200,000 King Charles III 10-cent coins were minted and are expected to be released around 2026. [4]

Mintage Figures

2006 Onwards

YearMintings
2006140,200,000
200715,000,000
200930,000,000
201120,400,000
201220,400,000
201327,000,000
201417,000,000
201521,600,000
201611,100,000
201937,800,000
202019,200,000
202422,200,000
Total381,900,000

Total value: $38,190,000. [4]

See also

Related Research Articles

<span class="mw-page-title-main">Shilling</span> Name for a coin or unit of currency

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 and 1970s.

<span class="mw-page-title-main">Australian dollar</span> Official currency of Australia

The Australian dollar is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu. In April 2022, it was the sixth most-traded currency in the foreign exchange market and as of Q4 2023 the seventh most-held reserve currency in global reserves.

<span class="mw-page-title-main">Penny</span> Unit of currency in various countries

A penny is a coin or a unit of currency in various countries. Borrowed from the Carolingian denarius, it is usually the smallest denomination within a currency system. At present, it is the formal name of the British penny (abbr. p) and the de facto name of the American one-cent coin (abbr. ¢) as well as the informal Irish designation of the 1 euro cent coin (abbr. c). Due to inflation, pennies have lost virtually all their purchasing power and are often viewed as an expensive burden to merchants, banks, government mints and the public in general.

<span class="mw-page-title-main">New Zealand dollar</span> Currency of New Zealand

The New Zealand dollar is the official currency and legal tender of New Zealand, the Cook Islands, Niue, the Ross Dependency, Tokelau, and a British territory, the Pitcairn Islands. Within New Zealand, it is almost always abbreviated with the dollar sign ($). The abbreviations "$NZ" or "NZ$" are used when necessary to distinguish it from other dollar-denominated currencies.

<span class="mw-page-title-main">Crown (British coin)</span> British coin introduced in 1707

The crown was a denomination of sterling coinage worth a quarter of one pound. The crown was first issued during the reign of Edward VI, as part of the coinage of the Kingdom of England.

<span class="mw-page-title-main">Tongan paʻanga</span> Currency of Tonga

The paʻanga is the currency of Tonga. It is controlled by the National Reserve Bank of Tonga in Nukuʻalofa. The paʻanga is not convertible and is pegged to a basket of currencies comprising the Australian, New Zealand, and United States dollars and the Japanese yen.

The Jamaican dollar has been the currency of Jamaica since 1969. It is often abbreviated to J$, the J serving to distinguish it from other dollar-denominated currencies. It is divided into 100 cents, although cent denominations are no longer in use as of 2018. Goods and services may still be priced in cents, but cash transactions are now rounded to the nearest dollar.

<span class="mw-page-title-main">Dutch guilder</span> Currency of the Netherlands from 1434 to 2002

The guilder or florin was the currency of the Netherlands from 1434 until 2002, when it was replaced by the euro.

<span class="mw-page-title-main">New Zealand pound</span> Currency of New Zealand from 1840 until 1967

The pound was the currency of New Zealand from 1933 until 1967, when it was replaced by the New Zealand dollar. Prior to this, New Zealand used the pound sterling since the Treaty of Waitangi in 1840. Like the pound sterling, it was subdivided into 20 shillings each of 12 pence.

The coins of the South African rand are part of the physical form of South Africa's currency, the South African rand.

<span class="mw-page-title-main">Jamaican pound</span> Official currency of Jamaica (1840–1969)

The pound was the official currency of Jamaica between 1840 and 1969. It circulated as a mixture of sterling coinage and locally issued coins and banknotes and was always equal to the pound sterling. The Jamaican pound was also used in the Cayman and Turks and Caicos Islands.

<span class="mw-page-title-main">New Zealand twenty-cent coin</span> Current denomination of New Zealand currency

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.

The coins of the Australian dollar were introduced on 14 February 1966, although they did not at that time include the one-dollar or two-dollar coins. The dollar was equivalent in value to 10 shillings in the former currency.

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.

<span class="mw-page-title-main">New Zealand one-dollar coin</span> Current denomination of New Zealand currency

The New Zealand one-dollar coin ($1) is a coin of the New Zealand dollar. The current circulating coin was introduced on 11 February 1991 to replace the existing $1 note. There had previously been occasional issues of commemorative "silver dollars", but they are rarely seen in circulation.

The New Zealand two-dollar coin is the largest-denomination coin of the New Zealand dollar. It was introduced along with the one-dollar coin in 1990. Both are made from an alloy of aluminium and brass. It is the largest and heaviest coin in circulation, weighing ten grams and measuring 26.5 millimetres in diameter. Its thickness is 2.7 mm, only 0.4 mm thinner than the one-dollar coin, thus it is the second-thickest coin in the country's circulation. Both the $1 and $2 coins are gold-coloured, and requests for a Koha, donation or entry fee sometimes say gold coin please.

The New Zealand one-cent coin, was the smallest denomination coin of the New Zealand dollar from the currency's introduction in 1967 to its demonetisation, along with the two-cent coin, on 30 April 1990. With a diameter of 17.53 millimetres, it is the smallest coin ever issued of the dollar, and at 2.07 grams in mass the lightest as well. Its reverse featured a fern leaf, a sign of New Zealand. The image was designed by Reginald George James Berry, who designed the reverses for all coins introduced that year.

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. A total of 81,585,200 pre-2006 50 cent coins were issued, with a total value of $40,792,600.00

The New Zealand five-cent coin was the lowest denomination coin of the New Zealand dollar from 1990 to 2006. The five-cent coin was introduced when the New Zealand dollar was introduced on 10 July 1967, replacing the New Zealand sixpence coin. On 31 July 2006 it was eliminated as part of a revision of New Zealand's coins, and it was demonetised as of 1 November 2006.

The New Zealand two-cent coin was the second smallest denomination coin of the New Zealand dollar from the currency's introduction in 1967 to its demonetisation, along with the one-cent coin, on 30 April 1990. Its reverse featured two kōwhai flowers, considered emblematic of New Zealand. The image was designed by Reginald George James Berry, who designed the reverses for all coins introduced that year.

References

  1. "New Zealand Coinage Specifications". Archived from the original on 9 July 2015. Retrieved 13 May 2014.
  2. Edmunds, Susan (9 September 2022). "What happens now to New Zealand's coins and bank notes?". Stuff. Retrieved 12 September 2022.
  3. "Image of King Charles III to appear on New Zealand's coins confirmed". Reserve Bank of New Zealand. Retrieved 19 March 2024.
  4. 1 2 "Coin mintings September 2024 - Reserve Bank of New Zealand". Reserve Bank of New Zealand. 2 September 2024. Retrieved 13 September 2024.