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10 Dollars - Elizabeth II 4th Portrait, America's Cup, Gold Proof
| Issuer | Reserve Bank of New Zealand |
|---|---|
| Year | 2002 |
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| Shape | Round |
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| Obverse description | The fourth crowned effigy of Queen Elizabeth II facing right, as sculpted by Ian Rank-Broadley, wearing the Girls of Great Britain and Ireland Tiara. The Queen's portrait is rendered in high relief with fine detail to the hair and drapery at the shoulder. The legend 'NEW ZEALAND ELIZABETH II IRB 2002' surrounds the effigy, with the date appearing below the bust in the lower field. |
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| Reverse description | A racing yacht under full sail is depicted to the left in the field, evoking the competitive spirit of the America's Cup regatta. At centre stands the renowned Auld Mug trophy — the America's Cup itself — rendered in fine relief detail. To the right, an outline map of New Zealand is shown alongside five stars representing the Southern Cross constellation. The denomination '$10' appears in the lower left field, and the gold fineness 'AU.9999' is inscribed along the lower border. The curved legend 'AMERICA'S CUP 2003' arcs along the upper left rim, with 'NEW ZEALAND' continuing along the upper right. |
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| Additional information |
New Zealand hosted the America's Cup defence in 2003 after Team New Zealand's dominant victory in Auckland in 2000, and the Royal New Zealand Mint began issuing commemorative gold ahead of the event. The Cup itself — the oldest international sporting trophy in existence, first contested in 1851 — had only come to New Zealand shores after Russell Coutts and Brad Butterworth led a syndicate that ended 132 years of American dominance in 1995.
The 2003 defence ultimately ended in defeat to Alinghi, making this coin a pre-loss commemorative issued in a climate of considerable national confidence.