Inaugural year of issue of the Silver Koala series! This .999 fine Silver coin features a unique textured background no longer found on Silver Koala coins.
- Contains 1 oz of .999 fine Silver.
- Comes packaged in a plastic capsule.
- Mintage of 137,768 coins.
- Obverse: Right-facing profile of Queen Elizabeth II, along with the face value.
- Reverse: A cuddly koala clinging to the branch of a gum tree.
- Sovereign coin backed by the Australian government.
Protect your coins from fingerprints by adding these cotton gloves to your order.
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The Australian Silver Koala is among the few bullion coins to change its design annually. The reverse of the coin always features at least one adult koala but eucalyptus leaves and the Outback are often incorporated into the design as well. The obverse depicts the current profile of Her Majesty Queen Elizabeth II at the time of minting.
Established in 1899, the Perth Mint predates the federation of Australia by two years. The mint was initially established for two reasons: to refine the vast amounts of Gold flooding in from various areas of Western Australia and to produce Gold sovereigns and half sovereigns to be used throughout Great Britain. Although Australia became an independent nation in 1901, the Perth Mint remained under the authority of the British crown until 1970. Following a 1987 State Act of Parliament, Gold Corporation, a company entirely owned by the Government of Western Australia, was established and mandated to operate the Perth Mint to market their Gold, Silver and Platinum Australian coins overseas.
The Perth Mint is also known for its outstanding quality and industry-leading creations. In 1957, the mint produced a 13 oz proof “plate” of .999999 fine Gold, the highest purity ever achieved. In 2011, they created the world’s largest, heaviest and most valuable Gold coin, containing .9999 fine Gold and weighing 2,231 pounds, that was worth $53.5 million (AUD) at the time of minting.