Catalog
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| Issuer | Perth Mint |
|---|---|
| Year | 1996-1997 |
| Type | Non-circulating coin |
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|---|---|
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| Reverse description | The central device depicts two koalas — an adult and a joey — in close company, rendered in fine naturalistic relief against a polished field, conveying a sense of tenderness and intimacy. The legend 'THE AUSTRALIAN KOALA' arcs along the upper left and '1/4 OZ. 9995 PLATINUM' continues along the upper right, all within a beaded border. The small 'P' mintmark of the Perth Mint appears to the right of the central design. The date '1996' is inscribed along the lower field, flanked by two raised dots. The overall composition exemplifies the high-quality engraving tradition of the Australian Koala platinum bullion series. |
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| Mintage | 1996 P - Proof - In 5 Coin Set - 200 1997 - BU - 1,586 |
| Additional information |
Australia's platinum koala series launched in 1987, making Perth one of the earliest government mints to issue a platinum bullion program in direct competition with the Canadian Maple Leaf. The 1/4 oz denomination was added to broaden accessibility for smaller investors and collectors who couldn't commit to the full-ounce price point. By the mid-1990s, platinum was trading at a significant premium to gold — a relationship that has since inverted dramatically and repeatedly.