Another example of a “key” piece to any collection of New Zealand coins is also from the smallest silver coin released by the NZ Reserve Bank issued in 1935. With only 40,000 pieces struck, most finding their way into circulation. Of the proofs only 364 were minted so it is a true rarity. The 2009 pricing places average examples of the 1935 3d at about two hundred dollars, while higher grades can go for as much as four thousand dollars. Prior to the coins circulated in 1935 the commerce of New Zealand used a mixture of tokens, Australian and British coins.
The 3d is made of an alloy which is 50% silver. The Crown weight is approx: 1.4100 grams, and the Silver Content is .0226 oz. So a bag of 44 threepence will give you a full oz of Silver. The design features on the reverse two crossed Mere (Patu) or Maori War Clubs which are distinctive emblems of New Zealand identity. The Crossed Patu was designed by George Kruger Gray. The Patu was used as a close-combat weapon during inter-tribal skirmishes.
On the obverse appears King GEORGE V in the design by Sir Edgar Bertram Mackennal.
1935 Threepenny pieces are quite uncommon and at the higher grades very rare indeeed, a true South Pacific treasure. If you find one DO NOT CLEAN, instead get in touch with a registered coin expert through www.nzcca.com
