Platinum Two Ounces (2 oz), Coin Type from Australia - detailed information

Platinum Two Ounces (2 oz), Coin Type from Australia (issued 1991 - )
Coin TypePlatinum Two Ounces (2 oz)

The Australian two-ounce platinum piece (abbreviated as 2oz and designated with Pt for "Platinum") is a very large bullion coin format. Uniquely, in Australia there are two mints authorised to strike legal tender: the Royal Australian Mint (which also makes the country's circulating coinage) and the Perth Mint which only makes collector and bullion coins, as well as other bullion products.

Both mints endeavour to create coins with attractive designs, and to introduce new designs and themes often, in order to raise the numismatic value of the coins over the value of previous metal used.

The overall weight of the coins is slightly over two ounces, so as (accounting for the purity of the alloy) to have exactly 2 oz of platinum content.

Obverse
Australia / Platinum Two Ounces (2 oz) - obverse photo

Effigy of the ruling monarch, legend, face value.

Obverse Inscription Legend of the ruling monarch, face value
Reverse
Australia / Platinum Two Ounces (2 oz) - reverse photo

Various designs as individually described below.

Reverse Inscription
EdgeMilledEdge InscriptionNone
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Platinum Two Ounces (2 oz): Details
CountryAustralia
CurrencyAustralian Dollar
From1991
Face Value500 (x Dollar)
CurrentYes
MaterialPlatinum
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size
Mass62.2000 g