1988 Australia 1/2 oz Proof Platinum Koala
Numismatic
1988 Australia 1/2 oz Proof Platinum Koala
In 1988, Australia introduced a remarkable platinum coin series that captured the attention of collectors worldwide. This inaugural issue, struck in a proof finish, features one of the continent's most recognizable marsupials in a detailed, forward-facing portrait on the reverse. The coin is crafted from a half ounce of highly refined 0.9995 fine platinum, representing the beginning of a celebrated design run that continued from 1988 to 2005. On the other side, the coin displays the right-facing profile of Queen Elizabeth II. The surrounding inscriptions clearly mark its official status, showing the year 1988 and the face value of 50 Dollars. Backed fully by the Australian government, this sovereign issue had a limited production run of 12,000 pieces, making it a fascinating study in the history of precious metal coinage from the Perth Mint.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Country | Australia |
|---|---|
| Year | 1988 |
| Mint mark | P - Perth |
| Grade | Proof |
| Legal-tender face value | 50 Dollars |
| Metal | Platinum |
| Weight | 0.5000 troy oz |
| Purity | .9995 |
| Diameter | 25.1 mm |
| Thickness | 2.03 mm |
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