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20 Dollars - Elizabeth II 4th Portrait - Third Millennium First Day

Issuer Perth Mint, Australia
Year 2000
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Technique Proof
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Obverse description The gold centre features the fourth portrait effigy of Queen Elizabeth II facing right, laureate and draped, as sculpted by Ian Rank-Broadley; the engraver's initials 'IRB' appear below the truncation. The surrounding silver ring bears the legend 'ELIZABETH II · AUSTRALIA' arcing around the upper field, with the denomination '20 DOLLARS' inscribed along the lower arc, all in raised Latin lettering on a deeply mirrored proof field. The bimetallic contrast between the warm gold centre and the blue-toned silver ring lends a striking visual effect to the obverse composition.
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Reverse script Latin
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Issued to mark January 1, 2000, this piece was part of the Perth Mint's aggressive push into the commemorative collector market during the late 1990s — a period when the mint was actively differentiating itself from the Royal Australian Mint through premium bimetallic and coloured coin programs. The pad-printed element was still a novelty in Australian coinage at the time, borrowed from banknote security technology and applied here for decorative rather than anti-counterfeiting purposes.

The gold centre, while small, is .999 fine — a specification chosen to justify the premium retail price rather than for any minting necessity.

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