-
Inventory:
1 In Stock
- Product ID: 29671
Checkout
The New Zealand 1/2 penny from 1962, cataloged as KM#23.2 and graded as BU (Brilliant Uncirculated), is a coin that holds historical significance within New Zealand's numismatic history. The 1962 New Zealand 1/2 penny is a relic of New Zealand's historical transition from the pre-decimal currency system to the decimal currency system. During this era, New Zealand was part of the British Commonwealth and used various denominations of coins in the British monetary system. However, change was on the horizon as New Zealand was preparing to introduce its own decimal currency system in 1967, which would replace the pre-decimal denominations like the 1/2 penny.
The obverse (front) of the coin traditionally features a portrait of the reigning British monarch, in accordance with the British colonial coinage tradition. In 1962, Queen Elizabeth II's effigy graced the obverse of this coin. The portrait of Queen Elizabeth II is typically encircled by inscriptions denoting her title and the year of issue. The reverse (back) of the coin typically showcases the denomination and the words "NEW ZEALAND." The 1/2 penny denomination is commonly represented as "1/2d" or "HALF PENNY" on the coin. The design on this side of the coin is straightforward and emphasizes clear and easily readable inscriptions.
The New Zealand 1/2 penny from 1962 is a petite coin, typical of lower-denomination currency. It generally measures approximately 25 millimeters in diameter. Its compact size was ideal for everyday transactions during its circulation period. This coin typically weighs around 5.67 grams, making it lightweight and convenient for handling. The coin's low weight was advantageous for use in everyday commerce and contributed to its widespread circulation. The 1962 New Zealand 1/2 penny is typically minted in bronze. Bronze is an alloy primarily composed of copper and tin, renowned for its durability and resistance to corrosion. This composition ensured that the coin could withstand wear and maintain its condition over time.
These coins were generally minted at the Royal Mint in London, England, which had the responsibility of producing coinage for various British colonies, including New Zealand. The Royal Mint was renowned for its expertise in coin production and quality control. The mintage of the 1962 New Zealand 1/2 penny varied depending on the specific minting year and the demand for circulating currency. Exact mintage figures can be found in historical records and numismatic references, providing collectors with valuable insights into the coin's rarity and availability.
The coin is typically graded as BU, signifying Brilliant Uncirculated. This grade indicates that the coin has never been in circulation, preserving its original mint brilliance and sharp details. Brilliant Uncirculated coins like this one are highly sought after by collectors due to their pristine condition and visual appeal.
New Zealand is celebrated for its stunning natural landscapes, which include lush forests, majestic mountains, and pristine coastlines. One fascinating fact about New Zealand is that it boasts a significant population of flightless birds, including the iconic kiwi bird. The kiwi is a unique and cherished symbol of New Zealand, known for its distinctive appearance and endearing nature. Despite being flightless, kiwis have managed to thrive in their native habitat, and New Zealand has taken measures to protect and conserve these precious birds.
The 1962 New Zealand 1/2 penny, KM#23.2, BU, is not merely a numismatic artifact but also a piece of New Zealand's history during a transformative period. As the nation prepared to adopt decimal currency, this coin remained a link to its British colonial past. With its modest design, small dimensions, bronze composition, and connection to a period of change, this coin provides collectors with a captivating glimpse into the past. Additionally, the fact about New Zealand's flightless kiwi bird adds a layer of intrigue to this coin from the Land of the Long White Cloud.