COIN REVEAL: 2008 Australian Commonwealth Coat of Arms - 1oz Fine Silver Coin
Today's featured coin is the 2008 Australian Commonwealth Coat of Arms coin struck by The Perth Mint. This coin is a 1oz Fine Silver proof quality coloured coin.
If you read my Sneak Peek post written on 15 May 2021: Sneak Peek - Coin Reveal, you will recognise the outer box of this coin as it was mentioned in that previous post.
Contents
Each Coin Reveal post as part of my Sneak Peek series features a special collector coin that I currently own in my stack or one that I would love to own one day. The focus of today's post is the 2008 Australian Commonwealth Coat of Arms 1oz Fine Silver proof coloured coin.
The contents of each post will follow the same format and cover the five topics listed below.
1. Coin Story
2. Coin Packaging
3. Coin Details
4. Coin Design
6. Coin Protection
1. Coin Story
The Australian Commonwealth Coat of Arms coin was released by The Perth Mint in 2008, to commemorate Australia's first Coat of Arms. In 1908, King Edward VII granted a Royal Warrant for Australia's first official Coat of Arms.
The 1908 Coat of Arms appears on the reverse of the coin, with the 1912 Coat of Arms portrayed on the obverse of the coin. The image below shows the two Coat of Arms designs side-by-side. The first official Coat of Arms was used from 1908 - 1912, the current official Australian Coat of Arms has been in use from 1912 - until current day.
Secondary Market Sold Listings
These coins are readily available on the secondary market. On ebay.com.au there weren't many recent sold listings, the one I did find was from mid-February 2021, that sold for AU $79.95. The 1oz Fine Silver (.999) spot price at the time of writing this post was at AU $36.50. The premium on the sold price for the Australian Commonwealth Coat of Arms coin is AU $43.45 over the spot price of silver. This is a decent premium for this coin.
2. Coin Packaging
The red, blue and gold outer box depicts the 1912 Coat of Arms illustrated on the front. There is gold text at the bottom of the outer case, 'AUSTRALIAN COMMONWEALTH', 'Coat of Arms', with the date range '1908 - 2008'.
Each 1oz Silver coin comes with an accompanying coin certificate, below is an excerpt from the certificate:
Certificate of Authenticity
This certificate accompanies a commemorative coin celebrating the Commonwealth Coat of Arms, the pre-eminent symbol of the power and authority of Australia's Commonwealth Government. Struck by The Perth Mint from 1oz of 99.9% pure silver in proof quality, the coin is issued as legal tender under the Australian Currency Act 1965.
The 1oz Silver proof coin is housed inside a red clam shell case. The inside of the lid displays The Perth Mint Swan Logo in silver print with the words 'THE PERTH MINT' in silver text.
3. Coin Details
a. Mintage
The maximum mintage of the 2008 Australian Commonwealth Coat of Arms coin was limited at 7,500 coins. The coin was issued as legal tender under the authority of Australia with a denomination of one dollar.
b. Purity
The 2008 coin has a purity of .999 fine silver.
c. Details
| Mint/Brand: | The Perth Mint |
| Purity: | .999 Fine Silver |
| Denomination: | $1 (Australian) |
| Year of Issue: | 2001 |
| Edge: | Milled |
| Ounces: | 1oz |
| Weight: | 31.13g |
| Diameter: | 45.05mm |
| Thickness: | 2.60mm |
| Maximum Mintage: | 7,500 |
4. Coin Design
a. Reverse Design
The reverse of the coin depicts the original Commonwealth Coat of Arms, in colour.
The design includes an inscription of 'AUSTRALIAN COMMONWEALTH COAT OF ARMS', with the year '1908'.
b. Obverse Design
The obverse of the coin portrays the current Commonwealth Coat of Arms from 1912, in colour. The obverse also includes the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II, the words 'ELIZABETH II', 'ONE DOLLAR' and the year '2008'.
5. Coin Protection
Each 1oz Fine Silver coin is stored in an original mint plastic capsule. It is highly recommended that you keep your silver proof coins in their capsules, to protect them from tarnish, or scratches on the coin that could result from handling the coin.
When handling your silver coin, for extra protection use a pair of cotton gloves. Cotton gloves protect your coins from oils in your fingers that may cause discoloration, damaging the finish of the coin. I have formed the habit to use cotton gloves even when I am handling coins in their plastic capsules.
Post authored by @strenue
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