100 Dollars - Elizabeth II 3rd Portrait - Waratah Flower - Gold Bullion Coin

Australia's gold bullion program at Perth Mint expanded aggressively through the mid-1990s, with fractional denominations added to capture investor demand below the one-ounce entry point. This 1/10 oz piece is part of that expansion. The Waratah series ran alongside the better-known Nugget/Kangaroo issues, targeting buyers who wanted a distinctly botanical Australian identity rather than the fauna themes dominating the bullion market at the time.

KM#308 is frequently misattributed in dealer stocks to the Royal Australian Mint in Canberra — Perth struck and retailed these independently under its own authority as a statutory authority of Western Australia.