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100 Dollars - Elizabeth II 4th Portrait - Kangaroo - Gold Bullion Coin

Issuer Perth Mint
Year 2005
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Thickness 2.7 mm
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Obverse description Fourth portrait of Queen Elizabeth II by Ian Rank-Broadley, depicting the crowned effigy of the Queen facing right, wearing the Girls of Great Britain and Ireland Tiara. The legend ELIZABETH II AUSTRALIA 100 DOLLARS arcs around the upper periphery, with the designer's initials IRB truncated below the portrait. The design is set against a plain field.
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Mintage 2005 - BU - 68,428
Additional information

Perth Mint's four-nines gold bullion program dates to 1986, when Australia displaced South Africa as the preferred source for investment-grade gold coins among institutional buyers — largely because the Rand's .9167 fineness was increasingly seen as a liability in a market demanding purity benchmarks. By 2005, the one-ounce kangaroo had become one of the few bullion issues worldwide to change its reverse design annually, a deliberate policy to discourage melting and stimulate collector crossover demand.

KM#689 corresponds to the specific 2005 reverse type, making die attribution straightforward for this date.

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