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1 Dollar - Elizabeth II 3rd Portrait - Barcelona Olympics

Issuer Royal Australian Mint
Year 1992
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Value 1 Dollar
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Obverse description Third-portrait effigy of Queen Elizabeth II facing right, wearing the Girls of Great Britain and Ireland tiara, drop earrings, and a pearl necklace, as modelled by Raphael Maklouf. The truncation of the bust is visible at the lower centre of the field. The legend ELIZABETH II arcs along the upper left rim, AUSTRALIA along the upper right, and the date 1992 appears at the lower right, with the engraver's initials RDM incuse below the bust.
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Obverse lettering ELIZABETH II AUSTRALIA 1992 RDM
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Additional information

Australia sent 307 athletes to Barcelona in 1992 — its largest Olympic team to that point — and the Royal Australian Mint issued this dollar to coincide with the Games rather than commemorate results, meaning it entered circulation before a single medal had been won. The timing was deliberate; the Mint had moved toward annual themed dollar programs through the late 1980s as a revenue strategy, and the Olympics provided an unambiguous anchor date.

KM#175 is a circulation strike, not a collector issue, so worn examples are the rule rather than the exception.

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