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1 Dollar - Elizabeth II 2nd Portrait, Coronation Jubilee, Silver Proof

Issuer Reserve Bank of New Zealand
Year 1978
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Value 1 Dollar
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Obverse description Second effigy of Queen Elizabeth II facing right, wearing the Girls of Great Britain and Ireland tiara, after the portrait by Arnold Machin. The sovereign's name and royal cypher appear in the surrounding legend, with commemorative inscriptions referencing the Coronation date of 2 June 1953 and the jubilee year 1978. The date is positioned below the effigy within the field.
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Mintage 1978 - Proof in Case - 18,000
1978 - Proof Year Set - 15,000
Additional information

New Zealand's 1978 dollar marks the 25th anniversary of the coronation, released the year following the Silver Jubilee of the accession — a distinction the issuing authority was careful to observe, since the two anniversaries fall a year apart. The Reserve Bank had by this point firmly established proof silver issues as a collector revenue stream, a policy shift that began in earnest after decimalisation in 1967.

KM#47a is the silver proof variant of the base-metal circulation strike. Struck at the Royal Australian Mint, Canberra, which had assumed production responsibilities for New Zealand coinage following the closure of the Royal Mint's direct involvement in the region.

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