2016 Australia – Koala High Relief 1 Oz Silver Proof

Description

The Perth Mint is well known for many of its popular bullion coin series featuring images of native species from the continent of Australia. Among its most popular annual releases is the Australian Silver Koala coin, which was first introduced in 2008 by the mint. Each year, the Silver Koala is available in bullion and proof, with a special high-relief striking available as well. The 2016 1 oz Australian Silver Koala Proof Coin is available now from JM Bullion.

Coin Highlights:

• Ships to you in a Perth Mint box, and features a Certificate of Authenticity.
• MAXIMUM MINTAGE SET AT JUST 1,000 COINS FOR GLOBAL DISTRIBUTION.
• Contains 1 Troy oz of .999 pure silver.
• Issued a face value of $1 (AUD) by the Australian government.
• Reverse features the latest Koala design from Perth Mint.
• Obverse includes the right-portrait profile of Queen Elizabeth II.
• Brilliant high-relief proof.

Introduced in 2008, the Australian Silver Koala was the second of what is now three annual silver bullion coin releases. The popular coins debuted with the Australian Kookaburra in 1990, which was the only offering until the Australian Silver Koala debuted. More recently, the mint added a new annual release with the Australian Silver Kangaroo.

The koala is a native marsupial species that you’ll only find in Australia. Although often referred to as the koala bear, the marsupials are actually nocturnal in nature and spend as much as 20 hours each day sleeping and napping in trees.

All of these 2016 1 oz Australian Silver Koala Proof Coins are high-relief strikings. The production of high-relief coins requires that each blank be struck in the coining press multiple times to bring out a 3D appearance for the finished design.

On the obverse of each coin is the image of Queen Elizabeth II, captured in right-profile relief by Ian Rank-Broadley. The image featured on these coins has been in use since 1998 and represents the fourth-generation image of Her Majesty since she ascended to the British crown in 1952.

The reverse of the 2016 1 oz Australian Silver Koala Proof Coin features the latest image in the Koala series. A single koala is depicted walking along the branch of a eucalyptus tree, with engravings identifying the coin series, weight, purity, and metal content of the coins.

Perth Mint is a state-owned minting facility located in Perth, Western Australia. Originally part of the Royal Mint system of the British, it is now the oldest operating facility in the country and it is independent of the Royal Australian Mint.