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Australia Melbourne Mint

2002 Proof One Dollar reverse 2002 Proof One Dollar obverse

2002 Proof One Dollar

Mintage:13,329
Reverse Designer:Horst Hahne Obverse Designer:Ian Rank-Broadley Size:41mm Weight:31.6g Edge:Interrupted Composition:99.99% Silver

Values

Sales History

During the Australian Gold Rush the Royal Mint allowed for the construction of a local mint in Sydney to process the raw gold into Sovereigns and Half Sovereigns. By the 1870's the Victorian goldfields were producing such large quantities of gold that a second mint was opened in Melbourne in 1872. The Royal Australian Mint has commemorated 130 years since since this event with the release of a Melbourne Mint piece. The reverse design includes a depiction of the entrance of the Melbourne Mint and two gold sovereign designs. There is also the text "MELBOURNE MINT 1872 - 2002" and the denomination "ONE DOLLAR". The obverse includes the Ian Rank-Broadley portrait of HM Queen Elizabeth II with the legend "ELIZABETH II AUSTRALIA 2002".

The piece was released as part of the subscription dollar series which ran yearly between 1996 and 2011 with the exception of 2001. The subscription series was distinct from others as each issue was made to order. This meant that the total mintage was limited to the number of orders that had been made in advance of mintage. The series commemorated Australian numismatic history with a number of significant designs being re-struck as well as coins celebrating milestones such as a century of Australian coinage.

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