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| Issuer | Royal Australian Mint |
|---|---|
| Year | 2001-2019 |
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| Diameter | 20.5 mm |
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| Obverse description | The fourth definitive effigy of Queen Elizabeth II by Ian Rank-Broadley, depicted in right-facing profile wearing the Girls of Great Britain and Ireland Tiara. The legend ELIZABETH II AUSTRALIA appears around the upper periphery, with the date and designer's initials IRB below the portrait. The bust is finely detailed in the proof finish, with the Queen shown in mature likeness with draped shoulders. The field is mirror-like, characteristic of proof coinage. |
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| Reverse script | Latin |
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| Additional information |
The Aboriginal elder design on Australia's two-dollar coin was the work of Horst Hahne, selected through a public competition held in 1984 ahead of the coin's 1988 introduction — the bicentenary year of European settlement, a date that made the choice of subject quietly pointed. Gold proof versions of circulating designs occupy an odd corner of the collector market: the underlying type struck in base metal by the billions, the precious-metal version existing solely for completionists and year-set builders.
KM#401b spans nearly two decades of issue under the fourth Raphael Maklouf-to-Ian Rank-Broadley portrait transition years, with individual annual mintages typically in the low thousands.