| Coin | Platinum Two Ounces 1992 Australian Koala, Proof |
|---|
|
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.
This is part of the Perth Mint's Australian Koala bullion range. |
|
|
| Obverse | |
|---|
The obverse of the coin shows the crowned bust of Queen Elizabeth II, facing right (her effigy known as the "Third Portrait"). The Queen is wearing the royal diadem which she used to wear on her way to and from the State Opening of Parliament, a pearl necklace and earrings.
Incuse in tiny letters on the neck truncation, the designer's initials RDM (for Raphael David Maklouf).
Around, the monarch's legend and the face value: ELIZABETH II AUSTRALIA · 200 DOLLARS ·.
|
|
|
| Reverse | |
|---|
The reverse design of the coin depicts a koala sitting in the fork of a gum tree (eucalyptus), looking left.
Around the rim, the name of the series: THE AUSTRALIAN KOALA, followed by the precious metal content: 2 OZ 9995 PLATINUM (two troy ounces of 99.95% platinum).
Around below, the date of issue · 1992 ·.
The Perth Mint's P mint mark is on the base of the tree, above the date. |
|
| Reverse Inscription |
THE AUSTRALIAN KOALA 2 OZ 9995 PLATINUM · 1992 · |
|---|
|
| Edge | Milled | Edge Inscription | None |
|
| Notes | Finish: proof.
Packaging: in capsule and presentation box, with a "scroll" Certificate of Authenticity.
Starting with this issue, the 2-ounce size was re-denominated from $500 to $200.
The coin is not listed in Krause, which seems to be in some confusion as to what the platinum koalas of the period look like. |
|---|
|
Search for Australia: Platinum Two Ounces 1992 Australian Koala, Proof on eBay 