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Detailed information about Coin: Two Dollars 1998 from New Zealand

Coin: Two Dollars 1998
Description

The New Zealand two-dollar coin is the largest-denomination coin of the New Zealand dollar. It was introduced along with the small circulating one-dollar coin in 1990. Both are made from an alloy of aluminium and brass. It is also the largest and heaviest coin in circulation.

Coins issued in 1998 have now been in circulation for 20 years.

CountryNew Zealand CurrencyNew Zealand Dollar
Face value2 (x Dollar) TypeTwo Dollars
Year1998 CurrentYes
Mintage6,002,000 (6.0 million)
Mints
NameMint markMintage
South African Mint No mint mark 6,000,000 (6.0 million)
MaterialAluminium-Bronze DesignerRobert Maurice Conly
MonarchQueen Elizabeth II EffigyPortrait by Raphael David Maklouf (Third Portrait)
Production technologyMilled (machine-made) ShapeRound
Size (mm)26.5000 Thickness (mm)2.7000
Mass (g)10
Obverse

Crowned bust of Queen Elizabeth II wearing a pearl necklace, facing right (effigy known as the "Third Portrait"); incuse in tiny letters on neck truncation, the designer's initials RDM (for Raphael David Maklouf).

Around, the monarch's legend and the date: ELIZABETH II NEW ZEALAND 1998.

Obverse inscription ELIZABETH II NEW ZEALAND 1998
Reverse

The reverse features an eastern great egret (a type of white heron, Ardea alba modesta; in Maori: kotuku) below curved decorations. The bird is sacred to New Zealand's indigenous Māori people, and highly endangered within the country, only inhabiting the Okarito Lagoon on the South Island.

Kotuku or white heron have always been rare in New Zealand and are revered by both Māori and pakeha for its elegant white feathers. This graceful bird has long, slender legs and a long, thin S-shaped neck, which has a distinct kink when flying. Kotuku are specially adapted for wading in shallow, muddy waterways: it has long legs that are bare of feathers to well above the ankle joint and long spreading toes. In New Zealand it only breeds near Whataroa, South Westland, between September and January.

The value and denomination, TWO DOLLARS, is curved below the bird.

Reverse inscriptionTWO DOLLARS
EdgeGrooved Edge inscriptionNone
Two Dollars 1998: Known varieties
VarietyMintageDetails
Proof 2,000 (included in main number)
Two Dollars 1998: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsNew Zealand KM# 79
Two Dollars 1998: References to Information Used
SourceEditionAboutLinkNotes
Reserve Bank of New Zealand Mint link
Reserve Bank of New Zealand Mintage link Circulation mintage
Krause, Standard Catalog of World Coins Mintage Proof mintage
Krause, Standard Catalog of World Coins Varieties Proof
Two Dollars 1998 / Best-effort future value guesstimates based on past value trends in currency: NZD. See FAQ before use!
Years
MintVarietyGrade2018201920202021
South African MintUncirculated (UNC) 4.98 4.93 4.89 4.84
Two Dollars 1998 / Best-effort future value guesstimates based on past value trends in currency: USD. See FAQ before use!
Years
MintVarietyGrade2018201920202021
South African MintProofProof FDC 5.98 5.91 5.85 5.79
South African MintProofProof 5.74 5.62 5.50 5.38
South African MintGem Uncirculated 4.98 4.93 4.88 4.82
South African MintBrilliant Uncirculated (BU) 3.17 2.84 2.50 2.17
South African MintUncirculated (UNC) 2.12 1.96 1.80 1.64
Historic values in NZD for Two Dollars 1998 / South African 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 Two Dollars 1998 / South African 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 Two Dollars 1998 / Proof / South African 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 (27) coins of type: New Zealand / Two Dollars
Two Dollars 1990 Two Dollars 1991 Two Dollars 1992 (mint sets only) Two Dollars 1993 Kingfisher Two Dollars 1994 (mint sets only) Two Dollars 1995 (mint sets only)
Two Dollars 1996 (mint sets only) Two Dollars 1997 Two Dollars 1998 Two Dollars 1999 Two Dollars 2000 (mint sets only) Two Dollars 2001
Two Dollars 2002 Two Dollars 2003 Two Dollars 2004 (mint sets only) Two Dollars 2005 Two Dollars 2006 (mint sets only) Two Dollars 2007 (mint sets only)
Two Dollars 2008 Two Dollars 2009 (mint sets only) Two Dollars 2010 (mint sets only) Two Dollars 2011 Two Dollars 2012 (mint sets only) Two Dollars 2013 (mint sets only)
Two Dollars 2014 Two Dollars 2015 Two Dollars 2016