Perth Mint strikes first coin with King Charles III effigy

Jan 15, 2024

King Charles Obverse

The Perth Mint is pleased to unveil its first coin bearing the effigy of His Majesty King Charles III.

The Australian Kangaroo 2024 King Charles III Obverse First Issue 1oz Silver Proof Coin was released today and officially launched by the Governor of Western Australia, His Excellency the Honourable Chris Dawson AC APM, at The Perth Mint’s historic coining facility in East Perth.

This special addition to our signature Australian Kangaroo series has a limited mintage of 7,500 and is certain to be keenly sought after by collectors.

Charles became King on the death of his mother, Queen Elizabeth II, on 8 September 2022.

As well as the United Kingdom, he was proclaimed King of 14 Commonwealth realms, including Australia.

The official Commonwealth Effigy of the King was created by Royal Mint illustrator and coin designer Dan Thorne and is to be used on all Australian legal tender coins.

“Dan Thorne has made an important contribution to our coinage with his superb image of King Charles III,” Perth Mint General Manager Minted Products Neil Vance said.

“Charles is the sixth monarch to appear on the hundreds of millions of coins we have struck over the past 125 years and represents a new era for Australian numismatics.

“Queen Elizabeth’s effigy has appeared on Australian coins since 1953 and she was the only monarch most Australians have known.”

As is traditional, the effigy of the new monarch faces the opposite direction to that of his predecessor, with the King’s image facing left.

The Australian Kangaroo 2024 coin’s reverse features classic artistry portraying a bounding kangaroo surrounded by stylised rays of sunlight.

It also bears a ‘P125’ mintmark, an inclusion on all 2024-dated releases signifying The Perth Mint’s 125th anniversary this year.

The coin is available through The Perth Mint’s website, authorised coin distributors or The Perth Mint Shop at 310 Hay Street, East Perth.

The first coin in the mintage, with its number one certificate of authenticity, is on display at The Perth Mint Shop for visitors to admire.

 

THE PERTH MINT FAST FACTS – FY2022-23  

Turnover - $23.19 billion 

Profit before tax – $52.67 million 

Refining volumes - 15.99 million ounces of gold and silver doré 

Global sales – 19.22 million collector coins, medallions and minted bars sold valued at $3.67 billion  

Client investments – $6.4 billion of client metal on deposit at 30 June 2023

Perth Mint Gold Tour – 78,910 visitors 

About The Perth Mint 

  • A leading gold and silver refiner and manufacturer of high quality precious metal coins and minted products
  • Australia’s oldest operating mint, celebrating 125 years of history in 2024 
  • Established during Western Australia’s gold rush in 1899 as a branch of Britain’s Royal Mint
  • Coin production, retail shop and tours continue in the original premises in East Perth
  • Owned by the government of Western Australia
  • Supports the Australian gold industry, with its refinery processing almost 80% of the nation’s newly mined gold in 2022-23

View The Perth Mint’s entire range of precious metals products and more at perthmint.com and connect on Facebook, LinkedIn, Twitter and Instagram.  

Samia O'Keefe
Manager, Corporate Communications
Aimee Reid
Officer, Public Relations, The Perth Mint