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| Issuer | Perth Mint, Australia |
|---|---|
| Year | 2002 |
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| Composition | Log in to see details |
| Weight | 7.78 g |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | ELIZABETH II AUSTRALIA 25 DOLLARS IRB |
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| Edge | Reeded |
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| Additional information |
Australia's platinum Koala series, launched in 1987, was among the first government-issued platinum bullion programs in the world — arriving just after the Canadian Maple Leaf broke that ground in 1988 and competing directly with the Isle of Man's Noble. The Perth Mint positioned the fractional weights, including this 1/4 oz denomination, to capture investor demand that the heavier one-ounce pieces couldn't reach. By 2002, platinum was trading well above gold, briefly touching $600/oz that year before the automotive catalytic converter market drove it past $900 the following year.
Ian Rank-Broadley's effigy, adopted for Australian coinage in 1999, makes its appearance here in only its third year on the Koala series.