5 Dollars - Elizabeth II 4th Portrait - Bicentenary of Tasmania, Silver Proof

Tasmania's bicentenary marked 200 years since the establishment of the Sullivan's Cove settlement in 1804, a penal outpost that would eventually become Hobart. The colony was originally called Van Diemen's Land — a name so associated with convict transportation and brutal conditions that colonists successfully lobbied for a formal rename to Tasmania in 1856, largely to shed the stigma and attract free settlers.

The Royal Australian Mint issued this as part of a broader commemorative program for the anniversary. Struck to .999 fineness rather than the .925 more common in earlier Australian silver proofs.