History of Chatham Islands Numismatics - "Negotiable" Tender

"Negotiable" Tender

The Reserve Bank of New Zealand clarified that Chatham Islands dollars are not legal tender . In particular, Reserve Bank Deputy Governor Murray Sherwin said:

These so-called Chatham Island dollars are harmless as a promotional gimmick and as a bit of fun. Also, if people want to use them to undertake transactions, that's fine too, just as one can pay for a service with monopoly play money, sea shells, or bottles of beer, if the seller is happy to receive them.