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100 Dollars - Elizabeth II 3rd Portrait - Koala - Platinum
| Issuer | Perth Mint |
|---|---|
| Year | 1988-1989 |
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| Currency | Dollar (1966-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | ELIZABETH II AUSTRALIA 100 DOLLARS RDM |
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| Additional information |
Australia's platinum koala series launched in 1987, making Perth one of the earliest government mints to issue a platinum bullion coin for international investment markets — trailing only the Soviet Union's platinum Palladium issues and the Isle of Man's noble by a few years. The timing was deliberate: platinum was trading at a significant premium to gold through much of the late 1980s, and Perth was competing directly with the South African Krugerrand market that had been badly damaged by apartheid-era sanctions.
The third portrait of Elizabeth II, by Raphael Maklouf, was adopted by Australian coinage in 1985.