Coin | Silver Ounce 2024 Quokka, Bullion |
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The Australian one ounce silver piece (abbreviated as 1 oz and designated with Ag for "silver") is a bullion and commemorative 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 one ounce silver bullion coin with a face value of $1 is the part of a bullion coin series by the Perth Mint featuring the Quokka.
Quokkas are wallaby-like marsupials found mainly in the south west region of Western Australia, particularly Rottnest Island, an idyllic location 18 kilometres off the coast near Perth. About the same size of domestic cats, furry quokkas are extremely sociable animals blessed with a cute, smiley and highly photogenic appearance. |
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Obverse | |
The obverse of the coin displays the bust of King Charles III, which depicts him bare-headed (uncrowned) and wearing a suit and tie, facing left.
Below the shoulder truncation in tiny letters, the artist's initials DT (for Dan Thorne).
Around, the monarch's legend and the face value of the coin: CHARLES III AUSTRALIA · 1oz 9999 Ag 1 DOLLAR ·.
The inscription around the rim also incorporates the precious metal content. "1 oz 9999 Ag" means "one ounce of 99.99% silver" - Ag is abbreviated from the Latin word for silver, Argentum. |
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Reverse | |
The reverse design portrays a "happy family of quokkas" in a beach-side location featuring a lighthouse and vegetation symbolising their Rottnest Island home.
On the ground below right, the designer's initials NM (for Natasha Muhl). Above right, the Perth Mint's mint mark; instead of the traditional P, it is P125 in celebration of the mint's 125th anniversary.
Around above, the inscription QUOKKA. In smaller letters around below, the date of issue 2024. |
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Reverse Inscription |
QUOKKA 2024 |
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Edge | Milled | Edge Inscription | None |
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Notes | Silver content in Troy oz: 1.000 Finish: Brilliant Uncirculated. Packaging: individual coin in acrylic capsule. Perth Mint SKU: 24T42AAX.
Unlike previous editions, the 2024 Quokka coin has no mintage limit.
The coin incorporates an authentication feature in the form of a micro-laser engraved letter. Detectable under a magnifying glass, it is designed to make it significantly more difficult for the coin to be counterfeited. |
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