Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Ten Tonne Milestone For Children’s Fundraiser

March 14th 2012

Photo and Caption: Silverstream Lion Roy Peterson (Left) and Fastway Courier driver Carl Simons check in a tonne of old New Zealand currency at Reserve Bank of New Zealand.

Lions Clubs New Zealand’s nationwide campaign Heads Up for Kids reached a hefty milestone when its 10th tonne of coins was delivered to the Reserve Bank on Tuesday.

Two containers weighing 500kgs each and valued at $19,000 weren’t full of regular cash, but out-of-date New Zealand currency ranging from threepences and half crowns to large 50 cent pieces. The money has been collected throughout the country as part of the Heads Up for Kids campaign which collects old money and foreign currency for the benefit of New Zealand youth.

The money will be redeemed at face value for legal tender and will raise the total collected to NZ$300,000. These funds are used to sponsor education programmes for New Zealand’s youth.

A number of young people have already benefited from the collection by receiving scholarships and funding to attend Spirit of Adventure and the Sir Edmund Hilary Outdoor Pursuits Centres. They were nominated based on their positive attitude toward their school and community.

The 10-tonne total is made up of old New Zealand money and foreign currency; the old New Zealand money is redeemed at the Reserve Bank and the foreign money shipped to Australia by the tonne and exchanged. Copper and collectable coins are sold for the metal and collectible values. Kind kiwis have been making donations at Resene stores nationwide and selected New World supermarkets for the past 18 months, the cash is then collected and delivered by courier sponsor Fastway to be counted in Wellington.

Roy Peterson of Silverstream Lions Club has been leading the counting and sorting of all cash donated; since he began he has sorted more than 2.5 million foreign and old New Zealand coins and hundreds of banknotes. Among the millions of coins he has discovered a range of unusual and rare commodities from tokens for Las Vegas strip clubs through to 18th century francs and gold sovereigns.
“It’s an interesting project,” says Mr Peterson. “You never know what you will come across.”

Mr Peterson says that the Lions Clubs New Zealand aim to collect one million dollars and will continue to provide positive experiences for good New Zealand kids who may not otherwise get the opportunity.

Donations can be made at Resene Colorshops nationwide and selected New World stores, or by calling 0800 Old Money for a Lions Club member to collect.

www.lionsclubs.org.nz/oldmoney www.facebook.com/Headsupforkids

******

ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Gordon Campbell: On The Economic Bad News (And Turkey’s Fears About The Kurds)

Traditionally, voters regard National as a more competent manager of the economy. It is the sole upside of crony capitalism: surely these guys must know what their mates in business want and need. These last few months though, have put that faith sorely to the test... More>>

ALSO:

Discussion Document: Fresh Look At Family Violence Laws

A discussion document launched today takes a hard look at the way the law prevents and responds to family violence, and proposes a comprehensive rethink to strengthen New Zealand’s legislative response. More>>

ALSO:

PM's Presser: ‘Precarious’ Solid Energy In Banks’ Hands

Liquidation of state-owned coal company Solid Energy “cannot be ruled out” but is “not the number one preferred option of the government,” says Prime Minister John Key, who confirmed the beleaguered company was discussed today at Cabinet as its banking syndicate grapples with its commercially dire prospects. More>>

ALSO:

Missed Opportunities: Amnesty International Report Card On NZ's UN Role

As New Zealand steps down from its month as President of the Council, Amnesty International has taken the opportunity to review New Zealand’s role on the Council so far and assess their performance and contribution to protecting human rights worldwide. More>>

ALSO:

Prince Charles Get More Jobs: PM Announces Honorary Military Appointments

PM John Key has announced that Her Majesty The Queen has approved the appointment of HRH The Prince of Wales to three honorary positions: Admiral of the Fleet of the Royal New Zealand Navy; Field Marshal, New Zealand Army; Marshal of the Royal New Zealand Air Force. More>>

ALSO:

No TPP Deal: Gordon Campbell On Why We Should Still Oppose Investor-State Dispute Measures

Even in this dark hour for the TPP, the secrecy farce continues... What is left to hide? Every single negotiator went into those talks in Maui knowing exactly where everyone else stood. More>>

REACTION:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news