Heads Up for old coins

Kapi-Mana News - - NEWS - By GREG WHIT­BURN

Old coins are bring­ing in the money for a group of Welling­ton chil­dren.

Peo­ple through­out the re­gion are be­ing asked to do­nate their out-of-date and for­eign cur­rency to Heads Up for Kids, an or­gan­i­sa­tion that pro­vides con­fi­dence­build­ing, life skills and lead­er­ship op­por­tu­ni­ties for chil­dren who would other­wise miss out.

Coins and notes can be dropped into bins at New World and Re­sene stores, and so far more than $220,000 has been raised.

Heads Up spokes­woman Olivia Lacey said the money would go to cour­ses such as Out­ward Bound, Spirit of Ad­ven­ture and the Sir Ed­mund Hil­lary Out­door Pur­suits Cen­tre, and for train­ing for youth ed­u­ca­tion pro­grammes.

‘‘ There’s a sense of ac­com­plish­ment [ with those pro­grammes] that isn’t an aca­demic thing – a sense of feel­ing proud of your­self for achiev­ing some­thing like that,’’ Miss Lacey said.

‘‘It’s quite team-ori­ented. Kids learn to work with other peo­ple, and they have to get that con­fi­dence to ac­tu­ally do things.’’

Be­cause old coins and notes were be­ing asked for, Miss Lacey said the cam­paign was a good way for peo­ple to do­nate with­out ac­tu­ally spend­ing any money. Old money can­not be used as legal ten­der, but can be re­deemed dol­lar for dol­lar at the Re­serve Bank.

The Re­serve Bank es­ti­mates there is $ 116 mil­lion of old money un­ac­counted for in New Zealand.

The Heads Up for Kids cam­paign is run by the Lions Clubs of New Zealand.

They sort the old money and send it by the tonne to the Re­serve Bank.

So far about nine tonnes of old money has been sent to the Re­serve Bank to be re­deemed.

The for­eign money is sent over­seas and re­deemed for about 85 per cent of its face value.

Miss Lacey said that the goal was to raise $1 mil­lion, but the cam­paign would con­tinue as long as the money kept com­ing in.

‘‘If there’s $116m out there, you’d think that un­der 1 per cent would be achiev­able,’’ Miss Lacey said.


Money for free: Rachel and Luke Poul­ton found some old coins to do­nate to Heads Up for Kids.

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