Platinum Tenth-Ounce 2024 Australian Koala, Coin from Australia - detailed information

The Australian tenth-ounce platinum piece (abbreviated as 1/10 oz and designated with Pt for "Platinum") is a bullion coin format.

The Platinum Koala series was introduced by the Perth Mint in 1988 following the large success of Australia’s gold coins in the previous year, and the approval on 18 June 1987 by the Australian government of the minting of platinum and silver coins. It is the world's first platinum bullion coin (the American Platinum Eagle series started nine years later, in 1997). Regular production of the series was discontinued after 2000 due to low demand. After that time, there are only some commemorative issues in the other formats; the bullion tenth-ounce was revived in 2023.

The overall weight of the coins is slightly over one tenth of an ounce, so as (accounting for the purity of the alloy) to have exactly 0.100 ounce of platinum content.

This coin is part of the long running Australian Koala series of bullion coins by the Perth Mint, which has a new reverse design every year. The 2024 design of the Australian Koala series portrays a koala clinging to the branch of a gum tree.