These Australian Platypus Platinum Bullion Coins debuted from the Perth Mint on March 1, 2011. Australia was the first major nation in modern times to produce a one ounce platinum bullion coin as legal tender and the Platinum Platypus is their newest addition. These beautifully designed Platinum Platypus bullion coins are extensively frosted and radiantly brilliant. Made from 99.95 % pure platinum, as legal tender the 1oz Platinum Platypus carries a face value of $100 and is a globally recognized investment in the precious metal market. The obverse design contains Ian Rank-Broadley's effigy of Queen Elizabeth II of England surrounded by the inscriptions "ELIZABETH II," "AUSTRALIA" and "100 DOLLARS." The reverse of the Platypus Platinum Bullion Coin shows an image of the web-footed mammal surrounded by the inscriptions of "AUSTRALIAN PLATYPUS," "1 oz 9995 PLATINUM", the year produced and the Perth Mint's historic P mint mark. These Australian Platinum 1oz Platypus are ungraded, raw coins in BU (Brilliant Uncirculated) condition. Generally retaining their full original mint luster and exhibiting minimal bag marks or abrasions, these beautiful platinum coins have excellent eye-appeal and make a fine addition to world coin collections or precious metal investment portfolios. Mint State Gold hand selects the coins you receive and feels confident that you will be very pleased with the selections. Mint State Gold is proud to offer only premium quality (PQ) coins to our investor and collector clientele. Each one of our coins is hand inspected before sale to make sure our customers receive PQ coins at low prices. Since this is a QUOTE ONLY bullion item we will contact you within 1 business day with the final price (based on current market spot price) and to obtain payment information. Accepted payment methods for bullion purchases are personal check, cashier’s check, or bank wire transfer only. Bullion item prices are based on the current precious metal market spot prices. Bullion prices fluctuate, just like the market. Once we contact you with your final item price, and you accept, the price cannot be renegotiated based on what the market may do in the following days. You may, however, sell your bullion items back to us based on current market bid prices if you like. Bullion purchases are just like stock purchases and all trades are final.