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Detailed information about Coin: One Dollar 1978 Opening of Parliament (Beehive) from New Zealand

Coin: One Dollar 1978 Opening of Parliament (Beehive)
Description

When decimal currency was introduced in New Zealand on 10 July 1967, there was no new circulating denomination with the size and specifications of the old one crown piece, in which only commemorative coins had been issued (the new fifty cents were equivalent in value but not in size). Until the introduction of the smaller circulating dollar coin in 1990, New Zealand issued crown-sized commemoratives with a one dollar denomination such as this one. Later crown-sized commemoratives are denominated at five dollars.

In 1978 the large dollar coin commemorated the opening of the new Parliament Building (known as the Beehive, hence the nickname of the coin too) and the 25th Anniversary of the Coronation of Queen Elizabeth II.

CountryNew Zealand CurrencyNew Zealand Dollar
Face value1 (x Dollar) TypeOne Dollar (one year types)
Year1978 CurrentNo
Mintage156,000 (156000)
Mints
NameMint markMintage
Royal Mint No mint mark 1,000,000 (1.0 million)
Royal Canadian Mint No mint mark 33,000 (33000)
MaterialCuproNickel DesignerReginald George James Berry
MonarchQueen Elizabeth II EffigyPortrait by Arnold Machin (Second Portrait)
Production technologyMilled (machine-made) ShapeRound
Size (mm)38.8000 Thickness (mm)
Mass (g)28.2800
Obverse

Crowned and draped young bust of Queen Elizabeth II facing right (effigy known as the "Second Portrait", by Arnold Machin).

The Queen wears the "Girls of Great Britain and Ireland" diamond tiara, a wedding gift from Queen Mary (Her Majesty's grandmother) in 1947 - which she also has on the Rank-Broadley and the Gottwald portraits.

Around, the monarch's legend and the date: ELIZABETH II QUEEN OF NEW ZEALAND 1978.

To the left of the effigy, the royal cypher E II R, for Elizabeth II Regina (from Latin: Elizabeth the Second, Queen). To the right of the effigy, CORONATION 2 June 1953.

Obverse inscription ELIZABETH II QUEEN OF NEW ZEALAND 1978 E II R CORONATION 2 June 1953
Reverse

The reverse shows the New Zealand Parliament Building; below in street level, NEW ZEALAND PARLIAMENT; in exergue, the denomination ONE DOLLAR

The artist's initials, JB (for [Reginald George] James Berry) are incuse at right on ground line.

Reverse inscriptionNEW ZEALAND PARLIAMENT ONE DOLLAR
EdgeMilled Edge inscriptionNone
One Dollar 1978 Opening of Parliament (Beehive): Known varieties
VarietyMintageDetails
Silver proof (Royal Canadian Mint) 33,000 (included in main number)
In sets (Royal Canadian Mint) 23,000 (included in main number)
One Dollar 1978 Opening of Parliament (Beehive): Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsNew Zealand KM# 47
Krause, Standard Catalog of World CoinsNew Zealand KM# 47a (Silver proof)
One Dollar 1978 Opening of Parliament (Beehive): References to Information Used
SourceEditionAboutLinkNotes
Museums Victoria Collections 2016 Coin description link
Reserve Bank of New Zealand Mint link
Royal Canadian Mint 1978 Mint Proof and sets mint
Krause, Standard Catalog of World Coins Mintage
Royal Canadian Mint 1978 Varieties Proof and sets
One Dollar 1978 Opening of Parliament (Beehive) / Best-effort future value guesstimates based on past value trends in currency: NZD. See FAQ before use!
Years
MintVarietyGrade2018201920202021
Royal MintUncirculated (UNC) 5.84 5.69 5.54 5.39
Royal Canadian MintSilver proof (Royal Canadian Mint)Proof 31.97 29.00 26.03 23.05
One Dollar 1978 Opening of Parliament (Beehive) / Best-effort future value guesstimates based on past value trends in currency: USD. See FAQ before use!
Years
MintVarietyGrade2018201920202021
Royal MintGem Uncirculated 2.49 2.46 2.44 2.41
Royal MintBrilliant Uncirculated (BU) 1.49 1.48 1.46 1.45
Royal MintUncirculated (UNC) 1.14 1.00 0.85 0.71
Royal MintExtra Fine (EF, XF) 0.96 0.94 0.92 0.90
Royal Canadian MintSilver proof (Royal Canadian Mint)Proof FDC 21.92 21.69 21.45 21.22
Royal Canadian MintSilver proof (Royal Canadian Mint)Proof 40.07 42.89 45.71 48.52
Historic values in NZD for One Dollar 1978 Opening of Parliament (Beehive) / Silver proof (Royal Canadian Mint) / 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 NZD for One Dollar 1978 Opening of Parliament (Beehive) / 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 Dollar 1978 Opening of Parliament (Beehive) / Silver proof (Royal Canadian Mint) / 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 Dollar 1978 Opening of Parliament (Beehive) / 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)
One Dollar 1978 Opening of Parliament (Beehive): Some useful external links
Museums Victoria: Coin - 1 Dollar, New Zealand, 1978
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List of all (56) coins of type: New Zealand / One Dollar
One Dollar 1967 One Dollar 1969 Captain Cook One Dollar 1970 Mount Cook (Royal Visit) One Dollar 1970 Cook Islands One Dollar 1971 One Dollar 1972
One Dollar 1973 One Dollar 1974 Commonwealth Games One Dollar 1974 New Zealand Day One Dollar 1975 One Dollar 1976 One Dollar 1977 Waitangi Day
One Dollar 1978 Opening of Parliament (Beehive) One Dollar 1979 One Dollar 1980 Fantail One Dollar 1981 Royal Visit One Dollar 1982 Takahe Bird One Dollar 1983 Royal Visit
One Dollar 1983 50 Years NZ Coinage One Dollar 1984 Black Robin One Dollar 1985 Black Stilt One Dollar 1986 Royal Visit One Dollar 1986 Kakapo One Dollar 1987 National Parks
One Dollar 1988 Penguin One Dollar 1989 Runner One Dollar 1989 Gymnast One Dollar 1989 Swimmer One Dollar 1989 Weight lifter One Dollar 1990 Treaty of Waitangi
One Dollar 1990 One Dollar 1991 One Dollar 1992 (mint sets only) One Dollar 1993 (mint sets only) One Dollar 1994 (mint sets only) One Dollar 1995 (mint sets only)
One Dollar 1996 (mint sets only) One Dollar 1997 (mint sets only) One Dollar 1998 (mint sets only) One Dollar 1999 (mint sets only) One Dollar 2000 One Dollar 2001 (mint sets only)
One Dollar 2002 One Dollar 2003 One Dollar 2004 One Dollar 2005 One Dollar 2006 (mint sets only) One Dollar 2007 (mint sets only)
One Dollar 2008 One Dollar 2009 (mint sets only) One Dollar 2010 One Dollar 2011 (mints sets only) One Dollar 2012 (mints sets only) One Dollar 2013
One Dollar 2014 (Proof only) One Dollar 2015