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100 Dollars - Charles III 1st Portrait - Pillar Dollar - Gold

Issuer Royal Australian Mint
Year 2025
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Composition Gold (.9999)
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Obverse script Latin
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Reverse description Central design depicting the Spanish royal crown surmounting a globe divided into two hemispheres, representing the Old World and the New World, evoking the iconography of the historic Spanish Pillar Dollar (piece of eight). The hemispheres are flanked by the two Pillars of Hercules, each draped with spiralling banners bearing the motto legends. The date '2025' and mint mark 'MO' appear within the field, with the phrase 'VTRAQUE VNUM' and 'PLVS VLTR' inscribed on the banners in the traditional style of the original colonial coinage.
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The "Pillar Dollar" design references the Spanish eight reales that dominated Pacific trade from the sixteenth century onward, coins so ubiquitous in early Australian commerce that they were still legal tender in the colony of New South Wales into the 1820s. Spain's milled coinage, struck at Lima and Mexico City, was the de facto currency of the region long before any British colonial mint existed. This issue marks Charles III's first portrait appearance on an Australian gold bullion release of this type.

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