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The E-Sylum:  Volume 9, Number 33, August 13, 2006, Article 18

NEW ZEALAND COINAGE SWITCHOVER CREATES DEMAND FOR 2004 5C COINS

Martin Purdy of New Zealand writes: "NZ is withdrawing its 5c coins
at the moment.  The bulk of the mintage for the last "circulating"
year, 2004, was melted without being issued, only 32,000 being released
for circulation. One was put up on the Internet for auction recently,
and finally sold for NZ$360, or about US$220.

Since the item aired, quite a number of 2004 5c coins have been listed
on TradeMe (the NZ equivalent of eBay).  This will doubtless bring the
price down, but will at least save more from the melting pot later in
the year."

Here's a link to a TV news item on it: Full Story

  Wayne Homren, Editor

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