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The 1967 two cent 'mule'


Kiwis eager to check out New Zealand's decimal coins got a rude shock when the first two cent pieces spilled into their hands on 10 July 1967.

A fair number of these coins – worth 34 cents in 2014 money – were mis-stamped with the New Zealand reverse ('tail'), and the Bahama Islands five cent obverse ('head'). Such mis-stamped coins are known to collectors as 'mules' because of the way they mix different currencies.