A coin is newly minted in Cyprus (7)
I believe the answer is:
nicosia
'in cyprus' is the definition.
('Nicosia' is part of 'cyprus')
'a coin is newly minted' is the wordplay.
'newly minted' indicates anagramming the letters (minted or manufactured in a new way).
'a'+'coin'+'is'='acoinis'
'acoinis' is an anagram of 'NICOSIA'.
(Other definitions for nicosia that I've seen before include "Casino I used in Cyprus" , "Divided Cypriot capital" , "Divided city of Cyprus" , "Divided Cypriot city" , "Mediterranean capital" .)