1 Dollar - Elizabeth II 4th Portrait - Treasures of the World - Gold - Silver Proof

The "Treasures of the World" series issued by the Perth Mint used a rotating regional focus — the gold-themed release targeting Australian and Asia-Pacific audiences already primed by the mint's position as one of the world's largest processors of newly mined gold. Australia accounts for roughly 10% of global gold output, and the Perth Mint itself refines the overwhelming majority of it. The series leaned into that institutional identity rather than any specific historical event.

KM#2938 is one of dozens of themed proof dollars from this period, a run so prolific that secondary market premiums depend almost entirely on original mintage caps, which Perth typically set between 5,000 and 10,000 pieces per design.