Penny (New Zealand pre-decimal coin)

One penny
New Zealand
Value1d (£NZ)
Mass9.45 g
Diameter31.75 mm
EdgePlain
Composition95.5% copper, 1.5% zinc, 3% tin (1940 - 1959)
97% copper, 2.5% zinc, 0.5% tin (1960 - 1965)
Years of minting1940-1965
Obverse
A proof penny featuring the head of King George VI circled by the text "GEORGE VI KING EMPEROR"
DesignUncrowned bust of George VI
DesignerHumphrey Paget
Reverse
A proof penny featuring a tūī bird perched atop the branch of a kōwhai tree, surrounded by flowers and leaves, and encircled by the text "NEW ZEALAND - ONE PENNY - 1940"
DesignA tūī surrounded by kōwhai blossoms
DesignerLeonard C. Mitchell

The New Zealand penny is a large bronze coin issued from 1939[a] to 1965. Introduced seven years after the larger denominations of New Zealand pound coinage, the coin's issuing was scheduled to align with the centennial of the Treaty of Waitangi and the New Zealand centennial, alongside the halfpenny and centennial half-crown. Featuring the standard portrait of the ruling monarch on the obverse, the reverse features a tūī bird perched atop a kōwhai branch.

The coin was designed in a government-sponsored design competition. British sculptors George Kruger Gray and Percy Metcalfe, designers of previous New Zealand coinage, submitted designs, but the contest was won by New Zealand sculptor Leonard Cornwall Mitchell. Metcalfe altered Mitchell's submitted sketches into a model, and the coin entered production in late 1939. Following the decimalisation of New Zealand currency in 1967, the coin was demonetised and replaced with a smaller one-cent coin. Although there were some calls to retain the tūī design on the new penny, it was ultimately abandoned following decimilisation alongside all other pound coinage designs.

  1. ^ Hargreaves 1972, pp. 159–160.


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