New Zealand mulls coloured coins

Geoff Bascand says coloured coins are ‘under evaluation’

geoff-bascand-jul09
Geoff Bascand

The Reserve Bank of New Zealand (RBNZ) may inject some colour into the country's coins, deputy governor Geoff Bascand said last week, as part of a wider currency overhaul that will see it issue a new series of banknotes in 2015.

The Royal Canadian Mint, which produces the 10, 20 and 50 cent coins circulating in New Zealand, claims to be the only mint to have issued coloured coins into circulation. Its first was the ‘red poppy' 25 cent coin issued in Canada in 2004.

Speaking on Saturday, Bascand

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