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5 Dollars - Elizabeth II 3rd Portrait - Koala - Platinum
| Issuer | Perth Mint |
|---|---|
| Year | 1997-1998 |
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| Composition | Log in to see details |
| Weight | 1.55675 g |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
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| Reverse lettering | THE AUSTRALIAN KOALA 1/20 OZ. 9995 PLATINUM P 1997 |
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| Additional information |
The Perth Mint's platinum koala series launched in 1988, making it one of the earliest government-issued platinum bullion programs globally — predating many sovereign competitors. By the mid-to-late 1990s, platinum was trading at or near parity with gold, which kept premiums on these fractional pieces sharp and demand from Japanese investors particularly strong.
KM# 338 covers the 1997–1998 issues under Ian Rank-Broadley's third effigy, adopted across Australian coinage from 1998. The 1997 pieces thus represent the final year of the Raphael Maklouf portrait on this denomination before the transition.