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New Fijian Coin Last To Carry Queen’s Effigy

News Release
10 December 2012

New Fijian Coin Last To Carry Queen’s Effigy

New Zealand Mint has released a new gold bullion coin that is the final Fijian coin to carry the effigy of Queen Elizabeth II.

From next year the country is replacing the Queen with a Fijian coat-of-arms on all currency. Fiji was suspended from the Commonwealth in 2009.

“This is an investment gold coin but it has collector intrigue value to it too in the fact that it is the last coin by Fiji to bear the QEII effigy,” says NZ Mint chief executive Simon Harding.

The pure gold, 1oz investment coin is valued at $2,206.00 on today’s gold pricing and is produced by NZ Mint under licence from the Fijian government.

Harding says the new coin has particular appeal to international investors because it bears an official government effigy.

The new Fijian coin features a Taku or Hawksbill turtle which is an endangered species. NZ Mint also produces an investment 1oz silver coin featuring the Taku as well as a 1oz. gold Kiwi bullion medallion.
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About New Zealand Mint: New Zealand Mint has been minting legal tender commemorative coins, gold bullion and medallions for more than four decades. As New Zealand's only precious metal mint and one of the first world mints to adopt the .9999 standard for gold coin purity, New Zealand Mint prides itself on high quality design and production work.

In 2009, New Zealand Mint opened the Bullion Exchange, the first of its kind in New Zealand which offers a comprehensive service for buying and selling gold and silver bullion as well as on-site insured storage. Leading the way with innovative coloured, silver and gold commemorative coins, New Zealand Mint is known globally for quality and design excellence. New Zealand Mint also produces several ranges of jewellery that cater to many tastes and styles, including the Boh Runga for New Zealand Mint collections.


ENDS

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