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10 Dollars - Elizabeth II 3rd Portrait, Gabriel's Gully, Gold Proof

Issuer Reserve Bank of New Zealand
Year 1997
Type Non-circulating coin
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Obverse description Effigy of Queen Elizabeth II facing right, depicting the third crowned portrait by Raphael Maklouf, with the sovereign wearing the King George IV State Diadem. The legend ELIZABETH II NEW ZEALAND encircles the portrait, with the denomination marker RDM and the date 1997 appearing below the effigy.
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Obverse lettering ELIZABETH II NEW ZEALAND RDM 1997
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Additional information

Gabriel's Gully, in the Otago region of the South Island, is where Gabriel Read struck gold in May 1861 — triggering the first major New Zealand gold rush and drawing thousands of diggers within months. The find effectively populated the South Island's interior and accelerated the push for Otago provincial autonomy that had been simmering since the 1850s.

The 1997 proof issue marks the 136th anniversary of the strike, an oddly specific interval that likely reflects a broader New Zealand Mint commemorative program rather than any round-number significance.

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