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- Spot Silver Price: $32.3
Silver coins were in regular circulation in New Zealand. The values below represent the intrinsic value of silver coins from New Zealand.
New Zealand silver coins that are in uncirculated condition, or that may be rare and collectible may also have numismatic value. You can use this table as a guide when buying and selling circulated silver coins from New Zealand.
The melt values are calculated and displayed in USD based on the today's silver spot price of $32.3 per troy ounce.
| Denomination / Currency | Years Minted | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Melt Value |
|---|---|---|---|---|---|---|
| 3 Pence | 1933- 1946 | .500 | 1.41 | 0.71 | .0227 | $0.73 |
| 6 Pence | 1933- 1946 | .500 | 2.83 | 1.42 | .0455 | $1.47 |
| 1 Shilling | 1933- 1946 | .500 | 5.65 | 2.83 | .0908 | $2.93 |
| 1 Florin | 1933- 1946 | .500 | 11.31 | 5.66 | .1818 | $5.87 |
| 1/2 Crown | 1933- 1946 | .500 | 14.14 | 7.07 | .2273 | $7.34 |
| 1 Crown | 1935- 1949 | .500 | 28.28 | 14.14 | .4546 | $14.68 |
New Zealand introduced its own currency in 1933, before which British coins were commonly used. The first New Zealand coins were minted in the United Kingdom and included silver denominations of threepence, sixpence, shilling, florin, and half-crown.
The silver content of these coins was initially 0.500 fine (50% silver). The designs featured iconic New Zealand symbols, such as the kiwi bird on the florin and the M?ori carving on the threepence.
New Zealand decimalised its currency on July 10, 1967, transitioning from pounds, shillings, and pence to dollars and cents. The new currency included a range of coins, but silver was no longer used in regular circulation. The new decimal coins were made from base metals such as copper-nickel.
Despite the end of silver in regular circulation, New Zealand has issued numerous commemorative silver coins over the years. These coins often celebrate significant events, anniversaries, and cultural heritage. They are typically minted in higher silver fineness, often 0.925 (sterling silver) or 0.999 (fine silver).
Some notable examples include the silver dollar coins for the 1974 Commonwealth Games, the 1990 Treaty of Waitangi sesquicentennial, and various wildlife series featuring native New Zealand animals.
In recent years, New Zealand has also issued silver bullion coins, popular among investors and collectors. These coins are usually minted in 0.999 fine silver and feature designs that highlight New Zealand's unique natural and cultural heritage.
The New Zealand Mint, a private mint in Auckland, produces many of these bullion coins, which are sold both domestically and internationally.