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New Zealand Mint

From Wikipedia, the free encyclopedia

New Zealand Mint (Māori: Te Kamupene Whakanao o Aotearoa) is a privately owned company in Auckland, New Zealand.[1] It is the only privately owned mint in New Zealand, purchasing refined gold from international sources to produce coins. The company trades in precious metals including gold bullion, and is a physical storage provider.

The mint produces collector and bullion coins for a number of pacific nations, including Fiji and Niue.

During the late-2000s recession, New Zealand Mint saw a substantial upturn of business, doing a month's worth of transactions each day when the large U.S. investment banks such as Bear Stearns failed.[1]

The mint does not produce bank notes or coins of the New Zealand dollar - those coins are minted primarily at the Royal Mint and Royal Canadian Mint for the Reserve Bank of New Zealand.[2]

References

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  1. ^ a b Arnold, Karen (1 February 2009). "Overseas buyers start new gold rush". Sunday Star Times. Retrieved 10 July 2009.
  2. ^ "Where coins have been minted". Reserve Bank of New Zealand. Archived from the original on 23 January 2009. Retrieved 10 July 2009.
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