The one dollar coin denomination (written as $1) was introduced in Australia in 1984, replacing the earlier banknotes. The original reverse design by Stuart Devlin on circulating coins has not been changed since its introduction. The denomination is also often used to issue circulating commemorative coins with various reverses.
The denomination is also used by both the Royal Australian Mint and the Perth Mint to issue an extensive range of collector coins which are legal tender in Australia but are not intended for circulation - such as this one. The coin is larger than the normal $1 coins.
This non-circulating $1 coin was issued in a Stamp and Coin Cover as part of the Perth Mint's Lunar Series III to mark the Chinese Year of the Mouse, 25 January 2020 - 11 February 2021 (also called Year of the Rat).
The Mint says about it: "First issued in 1995 and now in its third round, the long-running Australian Lunar Coin Series celebrates the animals of the Chinese zodiac with a sequence of annual designs portraying the mouse, ox, tiger, rabbit, dragon, snake, horse, goat, monkey, rooster, dog and pig. These 2020 coins celebrate the Year of the Ox, whose rule over every second year in the 12-year lunar cycle is said to influence people born during 1948, 1960, 1972, 1984, 1996, 2008 and 2020.
According to Chinese mythology, the order of the animals in the ancient zodiac calendar was decided with a great race across a river. Traditional storytellers say the magnanimous ox offered to carry the mouse across the water - and thus it was that on the opposite bank the diminutive creature was able to leap from the ox’s head and claim first place! |
Obverse | |
The obverse of the coin depicts the crowned old bust of Queen Elizabeth II facing right, wearing the Royal Diamond Diadem crown worn for her Coronation (effigy known as the "Fifth Portrait" worldwide but "Sixth Portrait" in Australia, where the Queen's portrait by Vladimir Gottwald was fifth).
The Queen also wears the Coronation Necklace; originally made for Queen Victoria in 1858, it was also worn at the coronations (as Queen's Consort) of Queen Alexandra in 1902, Queen Mary in 1911 and Queen Elizabeth (the Queen mother) in 1937.
Unlike on British coinage, the effigy is "uncouped" (includes the Queen's shoulders). In small letters on the left, the artist's initials JC (for Jody Clark).
Running continuously around the rim is the monarch's legend, the date of issue and the face value: ELIZABETH II AUSTRALIA 2020 · 1 DOLLAR ·.
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