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Kiwi Coin Noodling, A Good Laugh And Analysis

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Pillar of the Community
New Zealand
1623 Posts
 Posted 10/28/2020  03:51 am  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
According to my catalogue (John Bertrand 2018) the varieties were only discovered in late 2016 (No 2014 dated 20 cent coins made it into circulation before late 2015 anyway) and they have assumed that the Wide date coins are earlier due to their similarity with the 2006 and 2008 ones.

As far as I know, all of the 10c, 20c, 50c coins are made at the Royal Canadian Mint in Ottawa, although NZ has frequently ordered coins from a variety of mints in the past (The 1997 $2 coins were made at the South African mint in Pretoria), so who knows there? More details may come in time.

The 1967 - 2006 series of coins saw coins coming mostly from The Royal Mint in London to 1968, Llantrisant from 1965/68 to now and including the $1 and $2, Ottawa and also the Australian Mint in Canberra from various years and grades (See my decimal coin thread for more).

What I always ask, is why can't NZ mint its own coins in its own mints. Several silver rounds are minted here privately by the Kiwi mint in Wellington and nothing would stop a minting facility being set up there or in Auckland.

The only time we made any currency here, was banknotes briefly at a Whangarei sub branch of Bradbury Wilkinson from 1980 to 1991 (When it was closed by a cost cutting neo liberal National Government).
Loving Halfcrowns. British and Commonwealth coins 1750 - 1950 and anything Kiwi.
If it's round, shiny and silvery I will love it.
Pillar of the Community
New Zealand
1623 Posts
 Posted 10/28/2020  04:09 am  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
Finally the 10 cent coins.

These coins are the lowest denomination currently in use and are quite high value for that accolade (Worth 9 Australian cents, 5 pence, 7 US cents, 8 Canadian cents, 6 Eurocent and 7 yen) yet can not really buy anything with them.

Their brown colour also makes them undesirable and they are mostly likely to be discarded, however these ones are copper plated steel and the lustre on them can last quite a long time.




There was only 77 coins, which was less than I originally counted and this was the fewest of all the coins in my lot.

The results were more diverse than expected and 9 of the expected 11 dates were found in circulation. The 2 absent were 2018 and 2019, probably still waiting for release.



The 9 dates found

Results

2006 - 20 coins
2007 - 1 coin
2009 - 7
2011 - 6
2012 - 5
2013 - 10
2014 - 4
2015 - 20
2016 - 4
2018 - 0
2019 - 0

These numbers favoured older coins more than new as large mintages of these come out most years. 2006 saw a massive mintage of 140 million coins (The largest ever for a NZ coin in one year and more than 1 cent coins in 1967).
Over of the coins were 2006 and they ranged from some lustre to darkened and worn.

2007 saw a low mintage of 15 million, so not surprising just one was found. This year also saw a Tuatara 10 cent on a card released for $7.95 and none were found, if I had it would be great as only 15k were made.

2009 saw 7 coins and 2011 6 coins with mintages of 30 and 20 million, a no date variety exists for 2011, but only on proof set coins.

2012 and 2013 had 5 and 10 coins which is as expected, 2014 had just 4 which is low for a mintage of 17 million.

2015 and 2016 had 22 and 4 and most were very shiny, with several full lustre. The 2016s only came out this year, but the mintage of 11 million is the lowest of the series and these may become scarce over time - an idea to salt away mint ones.

No 2018 or 2019 coins were encountered.




Just out of interest I decided to contrast the best and worst coin for each year in this denomination and you can see the results. All of the years except 2007 are shown as just one coin was found and it was aEF.

2006 and 2009 are mostly completely brown and VF/EF but better coins with some lustre in near AU condition can still be found, a complete shiny 2006 would be a real treat now.

Pretty much 2011 to 2013 are the same, AU at best with about half lustre and completely browned at the other end.

2014 was the first year to find fully lustrous coins and 2015 all except the brown one shown were so. All of the 2016's were beautiful, although one was starting to darken.

Next - summing up!
Loving Halfcrowns. British and Commonwealth coins 1750 - 1950 and anything Kiwi.
If it's round, shiny and silvery I will love it.
Pillar of the Community
United Kingdom
7715 Posts
 Posted 10/28/2020  05:14 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
Very interesting, Princetane - Thanks for posting!
Pillar of the Community
Australia
2586 Posts
 Posted 10/28/2020  07:34 am  Show Profile   Bookmark this reply Add triggersmob to your friends list Get a Link to this Reply

Thanks Tane.
Very interesting to see the numbers
and find out some facts, like wide and narrow dates.

Steve :)
View my Coins here, (NOW WITH OVER 14,500 IMAGES).... http://www.coincommunity.org/galler...hp?cat=10048
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United States
92152 Posts
 Posted 10/28/2020  09:24 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Finally got a chance to look through this thread. Well done!


Quote:
Next - summing up!
Pillar of the Community
New Zealand
1623 Posts
 Posted 10/29/2020  12:08 am  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
Overall results.

Total coins analysed - 524
Face value in NZ$ 411.20

Made up of

$2 - 107 coins = $214
$1 - 114 coins = $114
50c - 101 coins = $50.50
20c - 125 coins = $25.00
10c - 77 coins = $7.70

Earliest dated coins - 1990 ($1 and $2), 2006 (10, 20 and 50c)
Latest dated coins - 2016 (10c), 2018 (50c), 2019 (20c, $1 and $2).

Rarest years - 1997 (1 coin $2), 2018 (1 coin 50c)
Commonest year - 2006 (43 x 20c, 49 x 50c)

Total non circulating dates found = 0
Total special coins = 0
Total key dates = 6 coins (1 x $2 1997 and 5 x 2014 Wide dates).

Comments

10c - Mostly in decent condition, over prevalence of 2006 dated coins, but several later dates in a high grade. Number in sample fairly low compared to others.

20c - Most coins in very nice condition (EF/AU) and several uncirculated, nearly 2/3 were from 2006 and 2008 and a good mix of later dates with an unexpected 2019 coin found.

50c - Least mixed coin of the lot, nearly half were from 2006 and only 5 other dates encountered with only 2 of them over 5 coins, a 2018 coin was a nice surprise. On the plus side most of these coins were AU or UNC and by far the best preserved of all the denominations.

$1 - A very interesting mix with a high number of 1990 and 1991 dated coins along with 2015 ones. Most coins before 2011 were very worn and some 1990 dated and early 2000s coins were not even fine! These coins are overall the most seen in every day use and do the most work I feel.

$2 - The most worn coin overall (The $1 comes close), every coin before 2005 was VF or worse with many high VG and bare Fine examples, the 1990 and 91 dated coins were most seen along with the latest ones, although like the $1 2019 coins were pretty rare. It was a nice surprise to find a 1997 despite it being only Fine. 1999 and 2001 are also seldom seen dates.

I met most of the goals except finding a special coin (A set coin or a proof) and coins from a year with set only coins. I did find all the key dates (1997 and 2014 Wide date 20c), also I managed to pluck out the best examples for myself and my swap buddies.

This was what I expected basically.

If I do another noodle in the future, will add it to this thread.

Thanks for reading.
Loving Halfcrowns. British and Commonwealth coins 1750 - 1950 and anything Kiwi.
If it's round, shiny and silvery I will love it.
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United States
92152 Posts
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Germany
587 Posts
 Posted 10/29/2020  10:25 am  Show Profile   Bookmark this reply Add redlock to your friends list Get a Link to this Reply
Indeed, well done, and looking forward to a future analysis!
Valued Member
Australia
379 Posts
 Posted 10/29/2020  7:35 pm  Show Profile   Bookmark this reply Add David Graham to your friends list Get a Link to this Reply
As always a good in depth and informative post. Thanks.
Pillar of the Community
Australia
1624 Posts
Pillar of the Community
New Zealand
1623 Posts
 Posted Yesterday   1:04 pm  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
3 main reasons.

1. Coins other than the $1 and $2 are so worthless and you can't buy anything with them. Plus they are small and fiddly now (None over 27mm in size).

2. EFTPOS a debit card system is universal here in New Zealand and every transaction is paid for by swiping and now "Pay wave" facilities - add to this things like Bus Fares and other things need cash are done on pre paid storage cards or Eftpos, all banks make it free now and even ATM withdrawls are universal for all banks and free for Debit cards (Credit card cash adavances will always attract charges).

3. Covid 19 saw a hysteria against merchants handling cash, particularly coins - which have a stigma of the poor and homeless given their lack of worth. Even now some stores (Illegally) refuse cash, one petrol station had a sign saying "Please declare if you are paying by NON ELECTRONIC means" and it turned out they were diinfecting the coins - bear in mind NZ has one of the lowest Covid infection rates on the world and we are on our lowest alert level, which is life as normal with a restricted border only.
Loving Halfcrowns. British and Commonwealth coins 1750 - 1950 and anything Kiwi.
If it's round, shiny and silvery I will love it.
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