Australian Platinum Koalas
Australian Platinum Koalas are official, legal tender in Australia. As the first prominent country in the modern world to announce the production of 1 oz Platinum coin issues, Australia approved the minting of Platinum coins on June 18, 1987. Upon the Australian government’s approval, the Perth Mint began minting the Platinum Koala coin in September 1988.
Since its introduction, the Australian Platinum bullion coin has played a significant role in world investment coin markets. The Platinum coins are .9995 fine and are available in 1/10 oz, 1/4 oz, 1/2 oz, 1 oz, 2 oz, 10 oz and 1 kilo sizes. These Platinum coins sell at prices based on the value of their Platinum content, rather than the coin's face value