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Detailed information about Coin: One Cent 1987 from New Zealand

Coin: One Cent 1987
Description

The New Zealand one-cent coin was the smallest denomination coin of the New Zealand dollar from the currency's introduction in 1967 to its demonetisation, along with the two-cent coin, in 1990. With a diameter of 17.53 millimetres, it is the smallest coin ever issued of the dollar, and at 2.07 grams in mass the lightest as well. Coins issued in 1987 circulated for only three years before they were demonetised on 1 May 1990.

This was the last issue of circulation coins of the one cent denomination in New Zealand. The next year a small number were issued in mint sets only.

CountryNew Zealand CurrencyNew Zealand Dollar
Face value1 (x Cent) TypeOne Cent
Year1987 CurrentNo (demonetised 1990)
Mintage27,528,000 (27.5 million)
Mints
NameMint markMintage
Royal Canadian Mint No mint mark 27,500,000 (27.5 million)
Royal Mint No mint mark 28,000 (28000)
MaterialBronze DesignerReginald George James Berry
MonarchQueen Elizabeth II EffigyPortrait by Raphael David Maklouf (Third Portrait)
Production technologyMilled (machine-made) ShapeRound
Size (mm)17.5300 Thickness (mm)
Mass (g)2.0700
Obverse

Crowned bust of Queen Elizabeth II wearing a necklace, facing right (effigy known as the "Third portrait"); around, the monarch's legend ELIZABETH II NEW ZEALAND; below, the date 1987. Incuse in tiny letters on neck truncation, the designer's initials RDM (for Raphael David Maklouf).

Obverse inscription ELIZABETH II NEW ZEALAND 1987
Reverse

A curved fern leaf surrounding the figure 1 [cent] at lower right. The artist's initials JB (for [Reginald George] James Berry) are in tiny letters at the base of the leaf.

Reverse inscription1
EdgePlain Edge inscriptionNone
One Cent 1987: Known varieties
VarietyMintageDetails
In sets (Royal Mint) 18,000 (included in main number)
Proof (Royal Mint) 10,000 (included in main number)
One Cent 1987: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsNew Zealand KM# 58
One Cent 1987: References to Information Used
SourceEditionAboutLinkNotes
Reserve Bank of New Zealand Mint link
Krause, Standard Catalog of World Coins Mint Proof and Set mint
Reserve Bank of New Zealand Mintage link
Krause, Standard Catalog of World Coins Mintage Proof and Set mintage
One Cent 1987 / Best-effort future value guesstimates based on past value trends in currency: NZD. See FAQ before use!
Years
MintVarietyGrade2018201920202021
Royal Canadian MintBrilliant Uncirculated (BU) 1.99 1.98 1.96 1.94
Royal Canadian MintFine (F) 1.03 1.04 1.05 1.06
Royal MintIn sets (Royal Mint)Brilliant Uncirculated (BU) 2.99 2.96 2.94 2.91
One Cent 1987 / Best-effort future value guesstimates based on past value trends in currency: USD. See FAQ before use!
Years
MintVarietyGrade2018201920202021
Royal Canadian MintBrilliant Uncirculated (BU) 0.51 0.43 0.36 0.28
Royal Canadian MintUncirculated (UNC) 0.26 0.23 0.20 0.16
Royal Canadian MintExtra Fine (EF, XF) 0.10 0.10 0.09 0.09
Royal MintIn sets (Royal Mint)Gem Uncirculated 1.49 1.48 1.46 1.45
Royal MintIn sets (Royal Mint)Uncirculated (UNC) 0.98 0.96 0.94 0.92
Royal MintProof (Royal Mint)Proof FDC 1.00 0.99 0.98 0.96
Royal MintProof (Royal Mint)Proof 0.98 0.96 0.94 0.92
Historic values in NZD for One Cent 1987 / In sets (Royal Mint) / Royal Mint / (generated 8/2018). Inflation-corrected to 2017.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in NZD for One Cent 1987 / Royal Canadian Mint / (generated 8/2018). Inflation-corrected to 2017.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for One Cent 1987 / Proof (Royal Mint) / Royal Mint / (generated 8/2018). Inflation-corrected to 2017.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for One Cent 1987 / In sets (Royal Mint) / Royal Mint / (generated 8/2018). Inflation-corrected to 2017.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for One Cent 1987 / Royal Canadian Mint / (generated 8/2018). Inflation-corrected to 2017.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
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List of all (22) coins of type: New Zealand / One Cent
One Cent 1967 One Cent 1968 (mint sets only) One Cent 1969 (mint sets only) One Cent 1970 One Cent 1971 One Cent 1972
One Cent 1973 One Cent 1974 One Cent 1975 One Cent 1976 One Cent 1977 (mint sets only) One Cent 1978
One Cent 1979 One Cent 1980 One Cent 1981 One Cent 1982 One Cent 1983 One Cent 1984
One Cent 1985 One Cent 1986 One Cent 1987 One Cent 1988 (mint sets only)