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1 Dollar - Elizabeth II 3rd Portrait, Yellow-eyed Penguin

Issuer Reserve Bank of New Zealand
Year 1988
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Currency Dollar (1967-date)
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Obverse description Third definitive effigy of Queen Elizabeth II by Raphael David Maklouf, facing right, diademed with the King George IV State Diadem and wearing draped robes. The legend ELIZABETH II NEW ZEALAND encircles the portrait along the rim, with the date 1988 positioned below the truncation. The engraver's initials RDM appear at the base of the truncation. The portrait is rendered in high relief with fine detail characteristic of Maklouf's work for Commonwealth coinage of this era.
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Obverse lettering ELIZABETH II NEW ZEALAND RDM 1988
Reverse description A Yellow-eyed Penguin (Megadyptes antipodes), New Zealand's endangered endemic species, is depicted standing and facing left amid coastal shoreline vegetation in a detailed naturalistic composition. A second penguin is visible in the right background facing away, lending depth and environmental context to the scene. The denomination ONE DOLLAR is inscribed across the upper field, while the species name YELLOW-EYED PENGUIN appears along the lower field, framing the central device. The engraving style employs fine illustrative detail consistent with New Zealand commemorative coinage of the late 1980s.
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