AUSTRALIA REVEAL ‘INTERIM OBVERSE’

The Royal Australian Mint recently released a final effigy of Her Majesty Queen Elizabeth II, which is set to be seen on 2023 collectable and investment coins until the King Charles III portrait is adopted.

Since Her Majesty Queen Elizabeth II’s coronation in 1953, six effigies of the Queen have appeared on Australian coins. Featuring British engraver Jody Clark’s portrait of Queen Elizabeth II, the Memorial Obverse will feature the Queen’s years of reign, reading: ‘Elizabeth II 1952-2022’.

According to officials, developing an ‘interim obverse’ allows the Mint to continue producing collectable and investment coins until the transition to an effigy of King Charles III. In the coming months the Australian Government will announce details of the transition to an effigy of King Charles III for all Australian legal tender circulating, collectable and investment coins.

Assistant Minister for Competition, Charities and Treasury, Andrew Leigh said: ‘This final series of collectable coins will serve as a lasting tribute to

Her Majesty Queen Elizabeth II, and a reminder for all Australians of her 70 years of service to Australia and the Commonwealth. We expect to be able to announce the design of the first King Charles III coins early in 2023, with coins featuring this effigy to be released late in 2023.

Royal Australian Mint Chief Executive Officer, Leigh Gordon, said: ‘We are in a period of transition between the effigy of Her Majesty Queen Elizabeth II and the effigy of His Majesty King Charles III. Our fundamental obligation is to ensure that circulating coins are available for all Australians. Until circulating coins with the effigy of King Charles III have been produced, the Mint will continue to service the demand for coins using the standard 2022 Queen Elizabeth obverse.’

The Memorial Obverse will also be featured on legal tender and collectable coins produced by The Perth Mint in Western Australia.