Changes to NZ's Silver Coins?
The Reserve Bank has announced details of proposals to modernise NZ's silver coloured coins, and your feedback is requested. The Bank expects to make final decisions in early 2005. If changes are to occur, they will be put in place in mid-2006. The proposals are:
- the current 50, 20 and 10 cent coins would be made smaller, and of a lighter and lower-cost plated steel; and
- the 5 cent coin would be taken out of circulation.
The $1 and $2 coins will be retained, as will the existing images on the 50, 20 and 10 cent coins, including the Queen.
Feedback can be provided by emailing silvercoin@rbnz.govt.nz by 4 February 2005, or by writing to: Silver Coin Review, Reserve Bank of NZ, PO Box 2498, Wellington. The Bank has also prepared a pamphlet, "Changing NZ's `silver' coins", which shows the proposed new coin sizes and explains what's been suggested and why. Copies can be obtained from the Reserve Bank by phoning (0800) 426467, or going to www.rbnz.govt.nz/ |
Contact for Enquiries
The Ministry of Agriculture and Forestry
Pastoral House
25 The Terrace
PO Box 2526, Wellington
Tel: 0800 00 83 33
Fax: +64 4 894 0720
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