Recommended NZ | Guide to Money | Gimme: Competitions - Giveaways

New Fijian coin last to carry Queen’s effigy

Contributor:
Fuseworks Media
Fuseworks Media

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.

All articles and comments on Voxy.co.nz have been submitted by our community of users. Please notify us if you believe an item on this site breaches our community guidelines.