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200 Dollars - Elizabeth II 4th Portrait - Koala - Gold Bullion Coin
| Issuer | Perth Mint |
|---|---|
| Year | 2015 |
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| Reference(s) | KM#3150 |
| Obverse description | The fourth portrait effigy of Queen Elizabeth II faces right, rendered in high relief after the design by Ian Rank-Broadley. The Queen is depicted wearing the Girls of Great Britain and Ireland tiara, with the legend ELIZABETH II AUSTRALIA 200 DOLLARS arranged around the upper periphery of the field. The engraver's initials IRB appear below the truncation of the bust. |
|---|---|
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| Obverse lettering | ELIZABETH II AUSTRALIA 200 DOLLARS IRB |
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| Additional information |
Australia's gold koala series is one of the few bullion programs that changes its reverse design annually, a policy Perth Mint established deliberately to encourage collector hoarding alongside investment demand — a commercial strategy that has largely worked. The 2-troy-ounce format occupies an awkward middle position in the lineup, above the standard one-ounce but well below the kilogram pieces that attract the serious institutional buyers.
The Ian Rank-Broadley effigy used here was already aging out of Royal Australian Mint coinage by 2015, replaced the following year on circulating issues by Jody Clark's portrait.