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New Zealand's silver coins are changing

New Zealand's old 50, 20, 10 and 5 cent coins are no longer legal tender. This means that retailers do not have to accept them as payment for goods or services.

The coins will always be redeemable for face value at the Reserve Bank, No 2 The Terrace, Wellington.

On 31 July 2006, smaller and lighter 10, 20, and 50 cent coins were introduced into circulation. The new coins have retained the same designs, but the new 10 cent coin is copper-coloured, and the 20 cent coin has a distinctive edging. The $1 and $2 coins are unchanged.



Shows the size difference between the older, larger silver coins and the newer smaller ones. Significantly the 5 cent coin is being removed from circulation.