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50 Dollars - Elizabeth II 4th Portrait - Dolphins - Gold Bullion Coin

Issuer Perth Mint, Australia
Year 2008
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Weight 15.55 g
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Reverse description Two bottlenose dolphins are depicted in dynamic motion against a finely engraved radiating wave-pattern field, one leaping upward and the other emerging from below in a naturalistic, intertwined composition. The designer's initials SB and the Perth Mint's P mintmark appear discreetly in the lower field. The arc legend DISCOVER AUSTRALIA is inscribed along the upper periphery, while the lower legend reads DOLPHIN 1/2 OZ. 9999 GOLD, with the date 2008 prominently placed in the lower central field.
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Reverse lettering DISCOVER AUSTRALIA SB P 2008 DOLPHIN 1/2 OZ. 9999 GOLD
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Additional information

The Perth Mint's 2008 dolphin bullion series was part of a broader push by the Australian government to compete directly with the Canadian Maple Leaf and South African Krugerrand in the investment-grade market. The .9999 fineness standard — four nines rather than the three used by most competitors at the time — was a deliberate commercial differentiator, first achieved by Perth in the 1980s using refining techniques developed for its gold processing contracts in Western Australia.

KM#1196 is the half-ounce issue in the series.

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