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Saturday 15 August 2020

1450) Australian Koala-2020, Australia: A $1 (One Australian Dollar), Silver Proof-like Coin minted by the Perth Mint, Australia: Year: 2020:

1450)  Australian Koala-2020, Australia: A $1 (One Australian Dollar), Silver Proof-like Coin minted by the Perth Mint, Australia: Year: 2020:

The Perth Mint, Australia has issued a new one-ounce Silver Coin which is an addition to the ongoing Australian Koala Coin Series.

The Header shows the Reverse design and actual incused $1 (One Australian Dollar) Silver Proof-like Coin, placed against a background image of a Koala perched atop a tree-trunk in its natural habitat 

This Silver Coin features an incused impression of Australia's most endearing marsupial - the Koala - which last year was at the centre of the news as many koalas were caught in the country's worst-ever raging forest fires.

Koalas are tree-dwelling animals, whose main diet consists of eucalyptus leaves and tend to move rather slowly. They are found mostly in coastal areas of the mainland's Eastern and Southern regions, typically, typically inhabiting open Eucalypt woodlands in Queensland, New south Wales, Victoria and South Australia.

 Adult Koalas can weigh up to 14.0 kilograms (or 31.0 pounds) and grow in length up to 60.0 to 85 centimetres (or 24 to 33 inches).

Curiously, Koalas are social animals, and are essentially content with their own company and bonding exists only between mothers and dependent offspring.

After a brief encounter during mating, female Koalas give birth to under-developed young that crawl into their mother's pouches, where they stay put for the first six to seven months of their lives. These young Koalas, known as "joeys" are fully weaned at around a year old and do not return to the pouch.

In the wild, Koalas have few natural predators and parasites. Still, they are threatened by various pathogens, such as gram-negative bacteria and the Koala retrovirus, an immune deficiency syndrome that leaves infected Koalas more susceptible to infectious disease.

Koalas which are part of the marsupial family are often incorrectly referred to as bears. This is primarily due to their physical characteristics of a large head with round, fluffy ears and a large, spoon-shaped nose.

The Coin:

The $1 (One Australian Dollar) Silver Proof-like Coin has been minted by the Perth Mint, Australia at its facilities in Western Australia and designed by Ing Ing Jong.



The Reverse of the $1 (One Australian Dollar) Silver Coin features a Koala clutching the top of a tree-trunk, an image which is highlighted by utilising the technique of a raised high relief that has been recessed below the coin's surface to create an impressively detailed incused strike and a Proof-like finish. 

Traditionally, motifs on a coin have raised relief. However, where the design is described as incused, it is pressed into the surface of the blank. This rarely seen technique has been used with remarkable effect on the Reverse and is the first Australian Koala release to be struck in this manner. 

The inscription on the upper periphery reads - "AUSTRALIAN KOALA". On the lower periphery is mentioned - "2020. 1OZ 9999 SILVER".



The Obverse of the $1 (One Australian Dollar) Silver Coin depicts an effigy of Queen Elizabeth II facing right designed by Jody Clark, whose initials "JC" appear on the Queen's shoulder.

The peripheral inscriptions are - 'ELIZABETH II. AUSTRALIA. 1 DOLLAR".

The Obverse features a traditional high relief strike of the Queen.

The specifications of this coin are -

Denomination: $1 (One Australian Dollar); Metal Composition: .9999 Fineness Silver (Ag); Weight: 31.107 grams (or 1.0 Oz); Diameter/Size: 32.6 mm; Maximum Thickness: 6.0 mm;  Coin Quality: Proof-like; Mintage: 5,000 pieces; Mint: Perth Mint, Australia; Designers: (Reverse) Ing Ing Jong, (Obverse) Jody Clark; Year: 2020.

Presentation:

Each Coin is housed in a classic style display case with a clear lid. Packaged with an illustrated  outer protective box, each coin is accompanied by a numbered Certificate of Authenticity (COA).











Links to posts on Australia, New Zealand and Countries and Overseas Territories of the South Pacific etc on this Blog: 

1) Bank of Papua New Guinea: 36th Anniversary Celebrations (1973-2008): A Commemorative Uncirculated Coin Set consisting of a 2 Kina Banknote & a 2 Kina Coin


 3) Currency & Coinage of the Solomon Islands: Dollars and Cents

4) New Zealand: New Banknote "Seventh Series" issued under Project "Brighter Money" from 2015 onwards

5) Coinage of the French Polynesian Island of Caledonia (or Nouvelle Caledonie) the CFP Franc  

6) French Institution for issuing uniform currency/coinage for French Overseas Territories in the Pacific and the French Southern Territories of Antarctica: The Institut d'emmission d'outre Mer (IEOM)

7) Currency & Coinage of Samoa: Tala and Sene 

8) Currency of the South Pacific Island Country of Fiji 

9) Coinage of New Zealand: A commemorative coin set issued in 1979 

10) Currency and Coinage of Australia: Dollars and Cents 

11) The Australian Emblem or the Coat of Arms 

12) The story of the Australian Penny 

13) The Legend of the Mutiny on the Bounty: A Commemorative Coin Set from the Pitcairn Islands depicting relics from the Bounty issued in 2009 

14) An Australian $5 coin issued in 1996, commemorating Australia's greatest cricketing legend - Sir Donald Bradman 

15) New Series/Generation of Australian Banknotes being introduced from 01.09.2016 onwards starting from $5 issues 

16) Southern Lights: A $1 Silver holographic coin issued by the Reserve Bank of New Zealand in January 2017










Links to interesting Posts on coins from Tuvalu Islands:

Links to posts on issues from the Republic of Palau:

Links to Posts on coin issues from Niue Islands:


Links to posts on Coin issues from Solomon Islands:


Other links to interesting posts on Coins brought out by Coin Invest Trust on behalf of other countries:









The 7-Summits Silver Coin Series:

Links on Batman and Superman Posts on this Blog:

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