Catalog
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| Issuer | Reserve Bank of New Zealand |
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| Year | 2023 |
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| Currency | Dollar (1967-date) |
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| Obverse description | Fourth portrait effigy of Queen Elizabeth II facing right, wearing the Girls of Great Britain and Ireland Tiara, rendered with selective gold gilding that highlights the royal regalia. The legend encircling the field identifies the issuing nation, the silver fineness, the weight denomination, and the sovereign's name. The date 2023 and the engraver's initials IRB appear in the lower portion of the field. This posthumous portrait commemorates the Queen's long reign and was employed on New Zealand coinage from 1999 until her passing in 2022. |
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| Obverse script | Latin |
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| Additional information |
Issued in the months following Elizabeth II's death in September 2022, this is one of the first New Zealand legal tender coins to carry her effigy posthumously. The 4th portrait — Raphael Maklouf's Ian Rank-Broadley replacement, sculpted by the latter and adopted by New Zealand in 1999 — was already the longest-serving of her New Zealand portraits by the time she died. The selective gilding applied to both the tokoeka and the royal effigy is unusual; most bi-metal or gilded New Zealand issues gild only the reverse subject.
The tokoeka is the South Island and Stewart Island subspecies of kiwi, distinct from the more commonly depicted brown kiwi used on earlier bullion issues.