One Cent 1988 (mint sets only), Coin from New Zealand - detailed information

One Cent 1988 (mint sets only), Coin from New Zealand (demonetised 1990)
CoinOne Cent 1988 (mint sets only)

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 1988 were in mint sets only (not intended for circulation); any that were released would have circulated for only two years before they were demonetised on 1 May 1990.

This was the last issue of coins of the one cent denomination in New Zealand.

MintRoyal Mint Mint MarkNo mint mark Total Mintage24,000
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Obverse
New Zealand / One Cent 1988 (mint sets only) - obverse photo

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 1988. Incuse in tiny letters on neck truncation, the designer's initials RDM (for Raphael David Maklouf).

Obverse Inscription ELIZABETH II NEW ZEALAND 1988
Reverse
New Zealand / One Cent 1988 (mint sets only) - reverse photo

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 1988 (mint sets only): Known varieties
Variety Proof
Mintage Issued: 9,000 (included in total)
One Cent 1988 (mint sets only): References to Information Used
SourceEditionAboutLinkNotes
Krause, Standard Catalog of World Coins Mint
Krause, Standard Catalog of World Coins Mintage Proof and Set mintage
Krause, Standard Catalog of World Coins Varieties Proof
One Cent 1988 (mint sets only) / Best-effort future value guesstimates based on past value trends in currency: New Zealand Dollar (NZD)
One Cent 1988 (mint sets only) / 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 MintBrilliant Uncirculated (BU) 9.14 8.10 7.06 6.01
MintVarietyGrade2018201920202021
See FAQ before use! This is not a proper prediction!
Royal MintProofProof FDC (PR65 and above) 1.99 1.97 1.95 1.93
Royal MintProofProof 1.96 1.92 1.88 1.84
Royal MintGem Uncirculated 6.48 6.41 6.34 6.27
Royal MintUncirculated (UNC) 4.89 4.80 4.70 4.61
Historic values in NZD for One Cent 1988 (mint sets only) / 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 1988 (mint sets only) / 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 1988 (mint sets only) / Proof / 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)
All (22) coins of type: One Cent
Coin NameMintageEffigyLegend
One Cent 1967 120,300,010 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1967
One Cent 1968 (mint sets only) 75,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1968
One Cent 1969 (mint sets only) 100,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1969
One Cent 1970 10,080,010 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1970
One Cent 1971 10,020,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1971
One Cent 1972 10,063,045 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1972
One Cent 1973 15,063,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1973
One Cent 1974 35,043,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1974
One Cent 1975 60,024,991 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1975
One Cent 1976 20,011,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1976
One Cent 1977 (mint sets only) 32,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1977
One Cent 1978 15,038,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1978
One Cent 1979 35,041,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1979
One Cent 1980 40,044,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1980
One Cent 1981 10,043,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1981
One Cent 1982 10,043,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1982
One Cent 1983 40,043,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1983
One Cent 1984 30,040,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1984
One Cent 1985 40,032,000 Queen Elizabeth II - Second Portrait ELIZABETH II NEW ZEALAND 1985
One Cent 1986 25,028,000 Queen Elizabeth II - Third Portrait ELIZABETH II NEW ZEALAND 1986
One Cent 1987 27,528,000 Queen Elizabeth II - Third Portrait ELIZABETH II NEW ZEALAND 1987
One Cent 1988 (mint sets only) 24,000 Queen Elizabeth II - Third Portrait ELIZABETH II NEW ZEALAND 1988
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One Cent 1988 (mint sets only): Details
CountryNew Zealand
CurrencyNew Zealand Dollar
Coin TypeOne Cent
Issued1988
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Third Portrait, by Raphael Maklouf
Face Value1 (x Cent)
Total Mintage24,000
CurrentNo; demonetised 1990
MaterialBronze
DesignerReginald George James Berry
TechnologyMilled (machine-made)
ShapeRound
Size17.5300 mm
Mass2.0700 g
OCC IDWLGV-BOLD-CYYN-OMPX
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One Cent 1988 (mint sets only): Photos
ImageDetails
New Zealand - One Cent - 1988
Copyright: Numi Art Collection
Source
New Zealand - One Cent - 1988
Copyright: Numi Art Collection
Source
One Cent 1988 (mint sets only): Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsNew Zealand KM# 58