Summary

1 Dollar, Issued by New Zealand, 1967

Obverse Description

Diademed and draped bust of the Queen facing right; around, ELIZABETH II NEW ZEALAND; below, 1967

Reverse Description

Ensigns armorial of the Dominion on their shield (quartered with the Southern Cross, a wheat sheaf, a lamb suspended by a ribbon and mining hammers crossed divided by three ships) surmounted by the Royal Crown from which fern fronds drop to surround the shield; below shield, ONE DOLLAR

Edge Description

Incuse lettering: DECIMAL CURRENCY INTRODUCED JULY 10 1967

Significance

In 1959, a committee was set up to study and report on the introduction of decimal coinage in New Zealand and in 1963 it was announced that the change to a decimal system would take place. The Decimal Currency Act, 1964 prescribed the designs, diameters, and standard weights of the decimal coins, which first appeared in circulation on 10th July 1967.

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