The "key" piece to any collection of New Zealand coins is the commemorative crown issued in 1935. With only 1128 pieces struck, of those only 468 being proofs, it is a true rarity. New Zealand first issued it's own coinage in 1933, prior to this British and a small amount of Australian coinage circulated.The crown was originally intended to have been issued in 1933 but there were delays involved in it's design and production. In the imperial coinage system (used in New Zealand until 1967) a crown is quarter of a pound = 2 1/2 florins = 5 shillings = 15 groats = 60 pennies = 240 farthings. To keep it simple just think one pound = 20 shillings. One shilling = 12 pence. Needless to say decimal currency made things alot simpler. See also Halfcrown 1934
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