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15 Dollars - Elizabeth II 3rd Portrait - Koala - Platinum
| Issuer | Perth Mint |
|---|---|
| Year | 1989-1990 |
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| Composition | Log in to see details |
| Weight | 3.135 g |
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|---|---|
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| Reverse description | A detailed naturalistic depiction of an adult koala clinging to a eucalyptus branch with a joey on its back, rendered in high relief with fine textural detail in the fur and foliage. The legend THE AUSTRALIAN KOALA arcs across the upper left field, while 1/10 OZ .9995 PLATINUM curves along the upper right. The date 1990 appears prominently in the lower field, with the mint master's initials MT discretely placed in the lower field. A plain inner border frames the central device. |
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| Mintage | 1989 P - Proof - In 5 Coin Set - 2,500 1990 - BU - 10,473 |
| Additional information |
Australia's platinum Koala series launched in 1988 as the Perth Mint's direct challenge to the Canadian Maple Leaf and American Platinum Eagle programs that were drawing significant investment demand. The 1/10 oz denomination was designed to provide a lower entry point for platinum bullion buyers, and the series distinguished itself by changing the reverse design annually — a deliberate marketing decision that also created genuine collector demand alongside the investment market.
The 3rd portrait of Elizabeth II, sculpted by Raphael Maklouf, was in use from 1985 until 1998.