8 Dollars - Elizabeth II 6th Portrait - Australian Wedge-Tailed Eagle - Silver Bullion Coin

The Wedge-Tailed Eagle bullion series, launched by the Perth Mint in 2012, was designed partly to compete with established silver eagle programs from the U.S., Canadian, and Austrian mints — markets where Australia had historically underperformed despite its dominant position in gold bullion. The 5 oz format occupies the upper tier of the series, targeting stackers and collectors who find the 1 oz strikes unremarkable at scale.

The 6th portrait of Elizabeth II, by sculptor Jody Clark, was introduced across Commonwealth coinage in 2015 following the Queen's 89th birthday — the longest gap between portrait updates in her reign.