The New Zealand Mint introduced this bullion coin in 2010, and produces it to standards similar to those of the American Silver Eagle and Canadian Silver Maple Leaf. Each year, the image on the obverse face of the coin remains the same. In 2016, Sunshine Mint took over production. A major difference between this coin and other bullion programs is the limited mintage. While several million American Eagle and Canadian Maple Leaf coins are struck each year, these have tightly restricted mintages.