1986 Royal Visit Special Issue Proof Silver Dollar

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 large fifty cents were equivalent in value but not in size. New Zealand issued crown-sized commemoratives with the specifications of the old crown, based on the British Pre-Decimal crown. Until the introduction of the smaller circulating dollar coin in 1990, these coins had a one-dollar denomination; later issues were denominated as five dollars.

These coins are legal tender but are not intended for circulation.

There were two large one-dollar coins issued in 1986; this one commemorates the Royal Visit of Queen Elizabeth II to New Zealand from 22 February to 2 March 1986.

Mintage: 52,500