2024 1/10 OZ PLATINUM KOALA
$124.24
AUSTRALIAN PLATINUM
Description
2024 1/10 oz Platinum Koala:
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Background and Design:
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Series Overview: The Australian Platinum Koala series, launched by the Perth Mint, is celebrated for its high-quality platinum composition and the annual redesign of the koala, making each coin a unique collector’s item.
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Design:
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Obverse: Traditionally features the effigy of the reigning British monarch. For 2024, this might be the first year to display King Charles III’s effigy, signaling a historic change from previous designs. Accompanying inscriptions include the coin’s denomination, “Australia,” and the date “2024.”
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Reverse: This side showcases the Australian Koala, each year presenting a new artistic interpretation. The design could feature the koala in diverse settings, highlighting its natural habitat or engaging in activities, symbolizing conservation efforts or the animal’s peaceful nature. It includes indications of the coin’s weight, platinum purity, and the Perth Mint’s “P” mint mark.
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Specifications:
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Weight: Comprises 1/10 troy ounce of .9995 fine platinum, offering a manageable size for both new and seasoned investors in precious metals.
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Diameter: Approximately 18-20 mm, making it a compact coin suitable for collections or as an investment piece.
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Investment and Collectibility:
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Value: Its primary value comes from its platinum content, but its collectible nature, due to the annual design change and the rarity of platinum in coin form, adds a premium. Platinum’s industrial uses and rarity contribute to its high intrinsic value.
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Rarity: While not extremely rare due to its fractional size, the Perth Mint’s commitment to limited annual mintages for platinum coins, especially in smaller denominations, makes this coin sought after by collectors.
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Cultural and Artistic Significance:
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The Koala, an emblem of Australia, is not just an animal but a symbol of conservation, tranquility, and the unique biodiversity of the Australian continent. Each year’s design reflects themes of environmental stewardship and artistic innovation.
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Market Sentiment:
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Enthusiasts might discuss the design’s artistic merit, the coin’s condition, the significance of 2024 potentially featuring King Charles III, and platinum’s performance in the precious metals market.
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Conclusion:
The 2024 1/10 oz Platinum Koala stands as a testament to the Perth Mint’s dedication to combining precious metal investment with numismatic artistry. Its small size makes it an accessible entry into platinum investment, while its annual design ensures it’s a desirable collector
item. This coin not only represents an investment in a precious metal known for its industrial demand and rarity but also captures the essence of Australia’s commitment to its unique wildlife and natural heritage.
Owning the 2024 1/10 oz Platinum Koala offers a dual benefit: it’s a tangible asset with potential for value appreciation due to platinum’s market dynamics, and it’s a piece of art that celebrates one of Australia’s most beloved animals. For collectors, it’s an addition to a series that evolves yearly, providing a narrative of conservation, culture, and beauty. For investors, it’s a way to diversify their precious metals portfolio with an item that’s both beautiful and potentially lucrative. This coin symbolizes the blend of tradition with modernity, marking perhaps the first year of a new monarch’s effigy, making 2024’s edition particularly significant in the annals of Australian numismatics. Whether as an investment, a collector’s item, or a symbol of environmental conservation, this coin from the Perth Mint shines as a beacon of quality, artistry, and precious metal investment.
Additional information
| weight | 1/10 oz |
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