One Cent 1987, Coin from New Zealand - detailed information

One Cent 1987, Coin from New Zealand (demonetised 1990)
CoinOne Cent 1987

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.

Mints
NameMint markMintage
Royal Canadian Mint No mint mark 27,500,000 (27.5 million)
Royal Mint No mint mark 28,000 (28000)
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 Inscription 1
EdgePlainEdge InscriptionNone
One Cent 1987: Known varieties
Variety In sets (Royal Mint)
Mintage 18,000 (included in total)
Variety Proof (Royal Mint)
Mintage 10,000 (included in total)
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: New Zealand Dollar (NZD)
MintVarietyGrade2018201920202021
See FAQ before use! This is not a proper prediction!
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: US Dollar (USD)
MintVarietyGrade2018201920202021
See FAQ before use! This is not a proper prediction!
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)
All (22) Coins of Country: New Zealand, Type: One Cent
Coin NameMintageEffigyLegend
One Cent 1967 120,300,010 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1967
One Cent 1968 (mint sets only) 75,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1968
One Cent 1969 (mint sets only) 100,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1969
One Cent 1970 10,080,010 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1970
One Cent 1971 10,020,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1971
One Cent 1972 10,063,045 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1972
One Cent 1973 15,063,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1973
One Cent 1974 35,043,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1974
One Cent 1975 60,024,991 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1975
One Cent 1976 20,011,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1976
One Cent 1977 (mint sets only) 32,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1977
One Cent 1978 15,038,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1978
One Cent 1979 35,041,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1979
One Cent 1980 40,044,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1980
One Cent 1981 10,043,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1981
One Cent 1982 10,043,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1982
One Cent 1983 40,043,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1983
One Cent 1984 30,040,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1984
One Cent 1985 40,032,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH II NEW ZEALAND 1985
One Cent 1986 25,028,000 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH II NEW ZEALAND 1986
One Cent 1987 27,528,000 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH II NEW ZEALAND 1987
One Cent 1988 (mint sets only) 24,000 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH II NEW ZEALAND 1988
One Cent 1987: Details
CountryNew Zealand
CurrencyNew Zealand Dollar
Coin TypeOne Cent
Issued1987
MonarchQueen Elizabeth II
EffigyPortrait by Raphael Maklouf (Third Portrait)
Face Value1 (x Cent)
Mintage27,528,000 (27.5 million)
CurrentNo (demonetised 1990)
MaterialBronze
DesignerReginald George James Berry
TechnologyMilled (machine-made)
ShapeRound
Size (mm)17.5300
Mass (g)2.0700
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One Cent 1987: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsNew Zealand KM# 58