1990 New Zealand 1 Dollar Coin Value
The 1990 New Zealand 1 dollar coin is a popular collector's item among numismatists and coin enthusiasts. With its unique design and limited mintage, the coin has gained significant value over the years. In this article, we'll delve into the history and value of the 1990 New Zealand 1 dollar coin.
History of the Coin
The 1990 New Zealand 1 dollar coin was minted by the Royal Canadian Mint on behalf of the Reserve Bank of New Zealand. The coin was introduced as part of a new series of coins designed to replace the earlier decimal coins introduced in 1967. The coin features a unique design, with a kiwi bird on one side and Queen Elizabeth II on the other.
Design and Specifications
- Obverse: The obverse side of the coin features a portrait of Queen Elizabeth II, designed by Ian Rank-Broadley.
- Reverse: The reverse side features a kiwi bird, designed by Robert Maurice Conly.
- Metal: The coin is made of copper-nickel.
- Weight: The coin weighs 8 grams.
- Diameter: The coin has a diameter of 23.5 mm.
- Mintage: The coin has a mintage of 10,028,000.
Value of the Coin
The value of the 1990 New Zealand 1 dollar coin varies depending on its condition, rarity, and demand. Here are some approximate values for the coin:
- Circulated Condition: In circulated condition, the coin is worth around NZD $1-$5.
- Uncirculated Condition: In uncirculated condition, the coin is worth around NZD $10-$20.
- Graded Condition: If the coin is graded by a reputable coin grading service, such as the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC), its value can increase significantly. For example, a PCGS MS-65 (Mint State 65) graded coin can be worth around NZD $50-$100.
Rarity and Collector's Value
The 1990 New Zealand 1 dollar coin is considered a rare coin, especially in high grades. The coin's unique design and limited mintage make it a sought-after collector's item. Additionally, the coin's kiwi bird design makes it a popular choice among bird-themed coin collectors.
Conclusion
The 1990 New Zealand 1 dollar coin is a valuable collector's item, especially in high grades and with its unique design. If you're lucky enough to have one of these coins in your collection, it's worth getting it appraised and graded by a reputable coin grading service to increase its value. Whether you're a seasoned numismatist or just starting out, the 1990 New Zealand 1 dollar coin is a great addition to any coin collection.
