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1 Dollar - Elizabeth II 3rd Portrait, Yellow-eyed Penguin, Silver Proof
| Issuer | Reserve Bank of New Zealand |
|---|---|
| Year | 1988 |
| Type | Log in to see details |
| Value | 1 Dollar |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
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| Edge | Reeded |
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| Additional information |
New Zealand's yellow-eyed penguin — hoiho in Māori — was already a conservation concern by 1988, with mainland South Island populations under serious pressure from introduced predators and habitat clearance. The Reserve Bank had by this point established a pattern of issuing wildlife-themed silver proofs partly to generate export revenue from collector markets overseas, where New Zealand fauna carried genuine novelty value. The series did more to document the species in numismatic form than it did to fund any protection effort.
KM#66a distinguishes the silver proof from the copper-nickel circulation strike issued the same year.