NZ Herald
  • Home
  • Latest news
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather forecasts

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
    • The Great NZ Road Trip
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
    • Cooking the Books
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • What the Actual
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / New Zealand

Queen Elizabeth death: New Zealand's money through the decades

Cherie Howie
By Cherie Howie
Reporter·NZ Herald·
9 Sep, 2022 06:09 AM3 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Prime Minister Jacinda Ardern on death of Queen Elizabeth II. Video / NZ Herald

The tiaras would come later - the first time Queen Elizabeth II appeared on our money, a wreath sat atop her head.

It was 1953 and the 27-year-old was the newly crowned monarch of New Zealand, her Mary Gillick-sculpted portrait replacing that of her late father, King George VI, on our coins.

The youthful effigy would remain until the switch to decimal currency in 1967 when the new coins came with a Arnold Machin-sculpted portrait of the monarch, diamond tiara - a 1947 wedding gift from her grandmother Queen Mary - perched upon the blow-waved do of the now 41-year-old mother of four.

Decimal currency also saw a change to our banknotes, with the monarch featuring for the first time.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.
The newly-crowned Queen Elizabeth II pictured in January 1954, during the Royal Tour of New Zealand. Photo / New Zealand Herald Archive
The newly-crowned Queen Elizabeth II pictured in January 1954, during the Royal Tour of New Zealand. Photo / New Zealand Herald Archive

The Queen's image was added to all our new banknotes, remaining on each until notable New Zealanders replaced her on all but the $20 bill in 1992.

Raphael Maklouf's 1985 portrait of Queen Elizabeth II was used on New Zealand coins struck in the second half of the 1980s and through most of the 1990s. Photo / Supplied
Raphael Maklouf's 1985 portrait of Queen Elizabeth II was used on New Zealand coins struck in the second half of the 1980s and through most of the 1990s. Photo / Supplied

By then the image of the Queen struck into our coins had been updated to more closely resemble the now-pensioner.

Raphael Maklouf's 1985 portrait showed the Queen's permed hair topped by the royal diadem, an ornamental headband normally worn to and from the State Opening of the United Kingdom parliament, according to the Royal Mint.

The Series 7 and current bank note has an older-looking Queen. Photo / Supplied
The Series 7 and current bank note has an older-looking Queen. Photo / Supplied

Unlike the Gillick and Machin effigies, Maklouf returned to the "couped" portrait - cut off at the neck, which had been favoured on coins issued by the Mint earlier in the century.

Advertisement
Advertise with NZME.

The monarch had returned to a tiara by the late 1990s, when Ian Rank-Broadley won a competition to design a new royal portrait, with the sculptor describing his subject as someone who "needed no flattery".

Commemorative coins with the Queen's image have also been struck over the past seven decades, including those to acknowledge her Coronation in 1953 and the Silver Jubilee in 1977 that also marked Waitangi Day - which shared the anniversary of King George VI's death.

Queen Elizabeth II attends the launch of The Queen's Baton Relay for the Birmingham 2022 Commonwealth Games. Photo / Getty
Queen Elizabeth II attends the launch of The Queen's Baton Relay for the Birmingham 2022 Commonwealth Games. Photo / Getty

The Queen's own death, and the accession of her heir, won't affect coins and banknotes in circulation, with those bearing her image remaining legal tender, a Reserve Bank spokesman said.

"Banks, retailers, individuals and others using or handling cash will not need to do anything differently.

Queen Elizabeth, pictured at the Royal Windsor Horse Show in 1980, has been on New Zealand coins since soon after her 1953 Coronation, and New Zealand banknotes since 1967. Photo / Getty
Queen Elizabeth, pictured at the Royal Windsor Horse Show in 1980, has been on New Zealand coins since soon after her 1953 Coronation, and New Zealand banknotes since 1967. Photo / Getty

In fact, the Queen was likely to remain on $20 banknotes issued from existing stock for many years to come.

"We manufacture these notes infrequently and do not plan to destroy stock or shorten the life of existing banknotes just because they show the Queen.

"This would be wasteful and poor environmental practice."

All coin stock for a denomination showing the Queen would also be issued before new stock went out with her successor's image, he said.

"This may be a few years after a change of sovereign. We will let everyone know when coins bearing the image of the new sovereign are due to enter circulation."

Following the death of Queen Elizabeth II, the Office of the Governor-General has also confirmed the annual holiday celebrating her birthday will now honour King Charles III in 2023.

Advertisement
Advertise with NZME.
Save

    Share this article

Latest from New Zealand

New Zealand

How to address stranger danger with your children effectively

08 May 07:50 AM
New Zealand|politics

Why National's pay equity overhaul caught MPs by surprise

08 May 07:35 AM
New Zealand

Girl left with ‘large scar’ and ‘life-long’ trauma after dog attack at Auckland park

08 May 07:06 AM

One tiny baby’s fight to survive

sponsored
Advertisement
Advertise with NZME.

Latest from New Zealand

How to address stranger danger with your children effectively

How to address stranger danger with your children effectively

08 May 07:50 AM

Two alleged child abduction attempts occurred in Auckland this week.

Why National's pay equity overhaul caught MPs by surprise

Why National's pay equity overhaul caught MPs by surprise

08 May 07:35 AM
Girl left with ‘large scar’ and ‘life-long’ trauma after dog attack at Auckland park

Girl left with ‘large scar’ and ‘life-long’ trauma after dog attack at Auckland park

08 May 07:06 AM
Two Canterbury teens missing for 11 days, police appeal for sightings

Two Canterbury teens missing for 11 days, police appeal for sightings

08 May 06:46 AM
Connected workers are safer workers 
sponsored

Connected workers are safer workers 

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • What the Actual
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven CarGuide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP