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8 Dollars - Charles III 1st Portrait - Australian Silver Swan - 5oz High Relief Proof
| Issuer | Perth Mint, Australia |
|---|---|
| Year | 2025 |
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| Orientation | Medal alignment ↑↑ |
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| Reverse description | A highly detailed, high-relief depiction of an Australian black swan standing in a shallow lake, its wings dramatically outstretched and raised as if in mid-display or preparation for flight. The bird's long, gracefully curved neck extends to the left, and water lilies are visible in the lower right foreground. A scenic background features a rising or setting sun partially obscured by distant mountains and foliage, with rippling water filling the field. The Perth Mint 'P' mintmark appears to the left of the central design, and the engraver's initials 'AH' are inscribed at the lower right. The encircling legend reads '2025 5OZ 9999 AUSTRALIAN' above and 'SILVER SWAN' below. |
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| Reverse lettering | 2025 5OZ 9999 AUSTRALIAN P AH SILVER SWAN |
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| Additional information |
The Australian Silver Swan series has shifted its animal's pose almost every year since launching in 2017, a deliberate strategy by the Perth Mint to drive annual collector turnover — each release rendered incompatible with a type set built on the previous one. The 2025 issue is the first in the series to carry Charles III's effigy following the accession portrait approval process, which ran considerably longer than expected after Elizabeth II's death in September 2022, creating a backlog across multiple Commonwealth mint programs simultaneously.
Five-ounce high-relief strikes of this type are produced in strictly limited numbers, with the deep-die geometry requiring slower ram speeds and higher rejection rates than standard proof runs.