2023 Australian Koala 1oz Platinum Coin
On 18 June 1987, the Australian Government approved the minting of platinum coins by The Perth Mint. In September 1988, the Mint released the nation’s first Platinum Koala coin.
This 35th anniversary issue celebrates that remarkable first release, replicating the original coin’s reverse design.
Struck by The Perth Mint from 1oz of 99.95% pure platinum, this coin is issued as legal tender under the Australian Currency Act 1965 and has a mintage of 3,000.
DESIGN
The coin portrays a koala as it appeared on the first Australian Koala coins in 1988. Included on the reverse is the inscription ‘THE AUSTRALIAN KOALA’, a commemorative ‘P35’ mintmark, and the coin’s weight, purity, and 2023 year-date.
The coin bears the official Queen Elizabeth II Memorial Obverse, featuring the Jody Clark effigy supplemented with the dates of Her Majesty’s reign – ‘1952 – 2022’. Also included on the obverse is the coin’s monetary denomination.
PRESENTATON
Each bullion coin is presented in a protective acrylic capsule.
Technical Specifications
| Year | 2023 | |
| Platinum Content | (Troy oz) | 1.000 |
| Fineness | (% purity) | 99.95 |
| Minimum Gross Weight | (g) | 31.119 |
| Monetary Denomination | (AUD) | 100.00 |
| Maximum Diameter | (mm) | 32.60 |
| Maximum Thickness | (mm) | 2.90 |
ABOUT THE PERTH MINT
The Perth Mint, located in Perth, Western Australia, is one of the oldest and most prestigious mints in the world, with a rich history that dates back to the late 19th century. It was established in 1899 as a branch of Britain's Royal Mint in response to the discovery of rich gold deposits in Western Australia. Its primary purpose was to refine gold mined in the region and to mint gold sovereigns and half sovereigns for use throughout the British Empire.
The Perth Mint played a crucial role in the development of Western Australia's gold industry, providing a local facility for gold refining and coin production that significantly contributed to the economic growth of the region. Over the years, it has evolved to become a leader in the precious metals industry, offering a wide range of services including gold and silver bullion bars and coins, precious metal refining, and jewellry.
After Australia gained independence, the Perth Mint continued its operations and, in 1970, it became wholly owned by the Government of Western Australia. Since then, it has expanded its offerings to include commemorative coins, investment products, and a wealth of services for precious metals storage, management, and distribution.
Notably, The Perth Mint has set several world records, including producing the world's largest gold coin in 2011, weighing one tonne and featuring a kangaroo design. It also operates one of the largest LBMA (London Bullion Market Association) accredited gold refineries in the world.
The mint is also a significant tourist attraction, offering visitors insights into Australia's gold mining history, the chance to view Australia’s largest collection of natural gold nuggets, and live demonstrations of traditional gold pouring.
Swan Bullion Company is proud to be an authorised distributor for both The Perth Mint bullion and numismatic products.
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