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NEW ZEALAND COINS

The pound was the first currency of New Zealand between 1840 and 1967. Like the British pound, the coin was subdivided into 20 shillings each of 12 pence. As a result of the great depression in 1930, the New Zealand agricultural export market to the UK was badly affected.

The Australian banks which controlled the New Zealand exchanges with London decided to lessen the New Zealand pound. In 1948 the New Zealand pound was once again restored to its original sterling value. In 1967 New Zealand replaced the pound with the dollar at a rate of 2 dollars = 1 pound. Shortly after that in November 1967, the pound sterling lessened and New Zealand used this as an opportunity to re-align its new dollar to equivalence with the Australian dollar.

1957-62 PARCEL 6 CANADIAN .50 CENT SILVER COINS CO 1634

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10d 2h
1967 HOWLING WOLF 50 C ENTS SILVER CO 1453

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10d 4h
PARCEL THREE 1967 HOWLING WOLF 50 CENTS SILVER CO 1452

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10d 4h
1962 HALF DOLLARS 50 CENTS .800 SILVER CC 2477

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10d 23h
10 CANADIAN 1965-66 SILVER80% COIN CO 1729

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12d
5 CANADIAN 1967-66 SILVER 80% COIN CO 1728

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12d

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