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1 Dollar - Elizabeth II 3rd Portrait - Silver Kangaroo
| Issuer | Royal Australian Mint |
|---|---|
| Year | 1994 |
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| Composition | Log in to see details |
| Weight | 31.635 g |
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| Obverse description | The third effigy of Queen Elizabeth II faces right, wearing the King George IV State Diadem and a draped neckline, as designed by Raphael Maklouf. The legend ELIZABETH II arcs above, with AUSTRALIA and the date 1994 flanking the lower field. The designer's initials RDM appear below the truncation. The portrait is rendered in fine relief against a smooth field. |
|---|---|
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| Mintage | 1994 - BU - Edge Variety (KM263.2) - 2,500 1994 - BU - Reverse Frosted - 45,000 |
| Additional information |
The Silver Kangaroo dollar was introduced in 1993 as Australia's answer to the American Silver Eagle and Canadian Maple Leaf — a bullion coin aimed squarely at international precious metals investors. The 1994 issue carries two KM numbers because the Royal Australian Mint produced both a standard finish and a proof version that year, distinguished primarily by the treatment of the planchet rather than any design change. The series never achieved the global market penetration of its competitors, partly due to inconsistent annual promotion and partly because the Perth Mint's Kookaburra series had already claimed much of the domestic collector base by that point.