Coin | Ten Dollars Silver 1988 Australia Bicentennial |
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The regular circulating coinage of Australia includes coins from 5 cents up to two dollars. Apart from those, the Royal Australian Mint also issues non-circulating coins for collectors, some of which are made of silver and denominated as $10 (ten dollars). These are not bullion, since they are sold at prices much higher than the intrinsic value of the precious metal they contain.
This silver proof coin commemorates the Australian Bicentennial - 200 years since European Settlement in 1788. |
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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 date of issue: ELIZABETH II AUSTRALIA 1998.
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Reverse | |
The reverse of the coin depicts sailing ships of the First Fleet at anchor near a beach, with a small boat being rowed to shore by a number of the first European settlers - a scene representing the arrival of Governor Arthur Phillip at Port Jackson in 1788.
Above left, on two lines the face value 10 DOLLARS.
Near the rim below right, the initials of the designer, SD - for Stuart Devlin. |
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Reverse Inscription |
10 DOLLARS |
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Edge | Milled | Edge Inscription | None |
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Notes | The coin is made of sterling silver (92.5%).
Mintage includes 111,497 Brilliant Uncirculated coins distributed in a presentation wallet, and 50,099 cased proofs. |
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