10 Dollars - Elizabeth II 4th Portrait, Frodo, Gold Proof

Issued under a licensing agreement between the Reserve Bank of New Zealand and New Line Cinema, this coin was timed to the theatrical release of The Return of the King — the final installment of Peter Jackson's trilogy, filmed entirely in New Zealand. The country leaned hard into its role as Middle-earth, and the Reserve Bank's six-coin gold proof series was among the more aggressive official numismatic tie-ins to a film franchise that the region had seen.

Mintage was tightly controlled and sold directly through the Reserve Bank. Secondary market premiums have historically tracked more with gold spot than with collector demand for the series specifically.