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The E-Sylum: Volume 11, Number 13, March 30, 2008, Article 10 NEW ZEALAND COIN ISSUING AUTHORITY: A CLARIFICATION In last week's E-Sylum Martin Purdy stated, "The correct issuing authority for current New Zealand collector issues is: New Zealand Post". Kerry Rogers writes: "In point of fact The Reserve Bank of New Zealand has the sole authority to approve any issue of New Zealand currency. Currently, the Bank has a commercial contract with New Zealand Post. This contract allows New Zealand Post to design, procure and sell collectors coins and coin sets that may also include circulating currency. However, all proposals by New Zealand Post for any New Zealand legal tender circulating or non circulating coins require the approval of the Reserve Bank in whom the ultimate authority is vested by law. This same condition would apply if the contract were to be held by any other commercial entity in the future - such as the private New Zealand Mint. And I gather the contract is up for grabs later this year!" [Thanks to both Martin and Kerry (who contacted the Bank on Tuesday) for their assistance in finding and correcting the error. I forwarded the clarification to Dennis Tucker at Whitman Publishing. -Editor] NEW ZEALAND ERROR SPOTTED IN 'MODERN WORLD COINS' 14TH EDITION esylum_v11n12a03.html Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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