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The kangaroo may be Australia’s national symbol, but the cute koala may be the country’s most popular animal. The creatures appear cuddly and quickly win the hearts of children of all ages. Each new issue features a unique reverse design, and each coin is struck from .9999 fine silver. These coins are popular because of their low mintages and adorable images.
The Perth Mint introduced the Silver Koala to join the Silver Kookaburra in 2007 as a 1 oz bullion coin. The following year, 1 kg, 10 oz, and ½ oz were struck. A 1/10 oz piece was introduced in 2011. In 2021, just 1 kg and 1 oz coins will be issued. In addition to the standard bullion issues, the Perth Mint has also struck business strikes with privy marks and proofs, some of which have unique characteristics such as high relief, colorization, or gilding.
A right-side portrait of Queen Elizabeth II features on the obverse. Clark shows the monarch wearing earrings, a necklace, and her Royal Diamond Diadem. Her effigy is encircled by a rim frame that bears three inscriptions: her name, “ELIZABETH II,” the name of the issuing country, “AUSTRALIA,” and the coin’s face value, “1 DOLLAR.”
Monique Reeves’s reverse design depicts a koala as it is often seen in the wild. It sleeps in the crook of a eucalyptus tree. As with the obverse, the reverse has a rim frame. “AUSTRALIAN KOALA” is inscribed at the top, while the coin’s date, “2021,” weight, “1 OZ,” and purity, “9999 SILVER” are included at the bottom.