The minting of the Platinum Koala coin began in 1988 in Perth, following the large success of Australia’s gold coins in the previous year. By 1989, the Platinum Koala was the world’s best selling international tradeable investment coin. The coin was first produced in 1/20 oz, 1/10 oz, ¼ oz, ½ oz, and 1 oz weight denominations; in 1991, 2 oz, 10 oz, and 1 kg coins were introduced. Along with the American Platinum Eagle, the Platinum Koala is one of the few platinum coin series that is still being minted. There are also silver and gold versions of the Australian Koala.

australian-platinum-koala-coin

These popular coins feature a profile image of Queen Elizabeth on the obverse side. Along the edge of the coin, it says “ELIZABETH II,” “AUSTRALIA,” and “50 DOLLARS.” The reverse shows yearly changing images of koalas. The reverse side also has “THE AUSTRALIAN KOALA” pressed around the edge on the left. On the right edge, the coin displays the weight as well as “.9995 PURE PLATINUM.” The mint year is located on the bottom. The coin designer’s initials, which have varied throughout years, may also be found on the reverse.

The Perth Mint, which produces Australia’s official bullion coins, issues Platinum Koala coins. Hence, these coins have a face value and are considered legal tender in the country. As per usual with bullion coins, the actual value of the coin is based on its precious metal content rather than face value. However, in some cases, other factors like rarity can also affect the market value of a bullion coin. For example, the mintage numbers of the 1/10 oz and 1/20 oz coins has been limited to 2,500 and 1,000, respectively, since 2010.

All coins from the Platinum Koala series consist of 99.95 pure platinum.

Platinum is one of the scarcest precious metals in the world. For example, more than ten times more gold is mined every year. Normally, platinum prices are higher than gold due to its roles as both a precious and an industrial metal. Economic downturns can drive the price of platinum below that of gold; yet, this doesn’t tend to hold for long. Investors and collectors who want to diversify their precious metal holdings should to consider the Australian Platinum Koala coin if they want to add a high-value metal to their portfolio. Platinum Koalas are also eligible for a precious metals IRA in the US.

Platinum Koala Coins

1 kg Platinum Koala Coin

Diameter 75.3 mm
Thickness 13.9 mm
Net fine weight 31.149 ozt
Weight 1.0001 g
Face Value 3,000 AUD

10 oz Platinum Koala Coin

Diameter 60.3 mm
Thickness 7.9 mm
Net fine weight 10.010 ozt
Weight 311.691 g
Face Value 1,000 AUD

2 oz Platinum Koala Coin

Diameter 40.6 mm
Thickness 3.8 mm
Net fine weight 1.9991 ozt
Weight 62.214 g
Face Value 200 AUD

1 oz Platinum Koala Coin

Diameter 32.1 mm
Thickness 2.7 mm
Net fine weight 1.0016 ozt
Weight 31.185 g
Face Value 100 AUD

½ oz Platinum Koala Coin

Diameter 25.1 mm
Thickness 2.03 mm
Net fine weight 0.5012 ozt
Weight 15.605 g
Face Value 50 AUD

¼ oz Platinum Koala Coin

Diameter 20.1 mm
Thickness 1.9 mm
Net fine weight 0.2510 ozt
Weight 7.815 g
Face Value 25 AUD

1/10 oz Platinum Koala Coin

Diameter 16.1 mm
Thickness 1.4 mm
Net fine weight 0.1008 ozt
Weight 3.137 g
Face Value 10 AUD

1/20 oz Platinum Koala Coin

Diameter 14.1 mm
Thickness 1.32 mm
Net fine weight 0.0505 ozt
Weight 1.571 g
Face Value 5 AUD