1986 New Zealand Proof Dollar
New Zealand
1986
Reference data compiled from public catalogs
Estimated Melt Value
$66.57
Based on Silver spot price ($79.15/oz) · 92.5% purity · 28.28g
Updated 10:13 PM
Collector premium not included
Specifications
| Country | New Zealand |
| Years Minted | 1986 |
| Composition | 92.5% silver, 7.5% copper |
| Weight | 28.28 g |
| Diameter | 38.61 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features the portrait of Queen Elizabeth II facing right.
Reverse
Depicts the Treaty House, flagstaff, and figures representing the Waitangi Treaty signing.
History & Notable Facts
The 1986 New Zealand Proof Dollar marks the first time a New Zealand coin depicted the Treaty of Waitangi, featuring a design by artist James Berry that shows figures from the 1840 signing.
This silver proof was struck at the Royal Australian Mint, using 0.925 fine silver planchets, and came in a limited edition set with a frosted finish for enhanced detail. The obverse carries the Arnold Machin portrait of Queen Elizabeth II, standard for the era, while the reverse focuses on the treaty scene with Maori and British elements. Mintage figures aren't precisely recorded, but it was produced in small quantities for collectors.
Edge lettering includes the date and "NEW ZEALAND," a nod to traditional coinage practices. While some claim it's rare, that's often overstated—plenty exist in collections, though pristine examples fetch a premium.
Demand spiked in the 1990s as interest in Maori history grew, but that's just market fluctuation.
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