It seems that just about everyone wants to get involved in releasing a bullion coin at the moment and the Perth Mint are certainly making that happen lately, with a string of commissioned coins. Just recently we’ve had the Saltwater Crocodile, the Great White Shark, the Wedge-Tailed Eagle and to a lesser extent, the latest Stock Horse. That’s not even allowing for coins like the Yellowfin Tuna silver bullion coin not produced by Perth.
This latest one foregoes the usual nature theme for something a little different and perhaps, more interesting as a result. It features a head-on view of a warship and the subject is the Battle of the Coral Sea. Available as a 1/2-ounce fine silver coin, the US company Goldline also has a 1/10-ounce gold version up for sale that has yet to appear on the Perth Mints own website. Mintage is unlimited and the coin is sold by Goldline in the US and the Perth Mint itself in Australia only. At the time of writing we’ve had issues accessing Goldlines site but it may be different for you.
REVERSE: features a representation of the Southern Cross and the American flag with a naval ship sailing in the foreground. The design includes the inscription BATTLE OF THE CORAL SEA, WAR IN THE PACIFIC 1941-45, and The Perth Mint’s traditional ‘P’ mintmark.
OBVERSE: depicts the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II, the 2014 year-date, and the monetary denomination
PACKAGING: Acrylic tubes of 25 coins with 20 tubes to a 500-coin monster box. It’s likely dealers will offer individually also.
A major naval engagement of the Second World War, the Battle of the Coral Sea was fought from 04-08 May 1942 between the United States Navy (USN) and the Imperial Japanese Navy (IJN). While a tactical victory for Admiral Shigeyoshi Inoue, it was the first time that the Allies had managed to check the advance of Japanese forces. Because the two IJN fleet carriers were damaged, they were unable to take part in the Battle of Midway the following month, leaving the two sides more evenly matched. Had they been present, it’s possible the USN would have lost the battle and set back the war effort for some time.
The battle is also known for being the first in which aircraft carriers engaged each other and where neither sides vessels sighted or directly fired upon one another. Along with the Battle of Taranto, where British aircraft damaged/sunk half the Italian fleets capital ships in a single night, and Pearl Harbour, the Battle of the Coral Sea made clear where naval power was heading.
|DENOMINATION||$0.5 DOLLARS (AUSTRALIAN)|
|REVERSE ARTIST||UNKNOWN IN-HOUSE|
|OBVERSE ARTIST||IAN RANK BROADLEY|
|PACKAGING||TUBES OF 25|