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Many investors sometimes overlook platinum coin programs when buying online, mostly because these coins have low mintage figures and lack the visibility of major issues such as the American Silver Eagle or Canadian Gold Maple Leaf. However, that doesn’t detract from the history of some of these programs, such as the Australian Platinum Koala.
*Years and Reverse designs may vary*
Coin Highlights:
The Australian Platinum Koala coin series was introduced by the Perth Mint in 1988 following the June 18th, 1987 approval by the Australian government of the minting of platinum and silver coins. The American Platinum Eagle is one of the few other major platinum bullion coin programs still in production today alongside the Australian Platinum Koala.
First issued in 1988 as the 1 oz Australian Platinum Koala, the series also included fractional-weights that year of 1/20 oz, 1/10 oz, ¼ oz, and ½ oz. By 1991, the Perth Mint had added 2 oz, 10 oz, and 1 Kilo coins to the program as well. Each year of issue comes with exceptionally low mintage figures, such as the cap on 2010 issues of 2,500 for the 1/10 oz and 1,000 for the ½ oz.
On the reverse of all 1 oz Australian Platinum Koala coin you’ll find the image of a koala. These marsupials are a unique symbol of Australia not found outside the continent in the wild. The designs on this face change annually like other Perth Mint programs, and popular designers include artists and engravers James Brown, Raphael Maklouf, Miranda Cornell, and Darryl Bellotti.
The obverse of Australian Platinum Koala coins features one of two designs of Queen Elizabeth II’s portrait. Coins dated from 1988 to 1997 will feature the third-generation depiction of the Queen, created in 1984 by Raphael Maklouf. Those coins dated 1998-present feature the fourth-generation right-profile portrait of the Queen done by Ian Rank-Broadley in 1998.
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