By 1915, most countries involved in the First World War had come to the realisation that they would need increased funds to resource their campaigns.
The British Government was feeling the financial burden and pressure of war and requested that the Australian Government finance its share of the war effort.
The Australian Government subsequently decided it would raise loans from the public, encouraging the population to purchase government War Loan Bonds which would be repaid with interest, to contribute to the war effort.
The coin is struck by The Perth Mint from 1oz of 99.9% pure silver. The coin is issued as legal tender under the Australian Currency Act 1965.
The Perth Mint will release no more than 5,000 of the 2016 Australian Posters of World War I – War Bonds 1oz Silver Proof Rectangle Coin.
The coin’s reverse features a coloured representation of the World War I ‘Our daddy is fighting’ poster headed by the inscription AUSTRALIAN WAR BONDS. The Perth Mint’s traditional ‘P’ mintmark, and the coin’s weight and fineness also appear in the design.
The coin’s obverse depicts the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II, the monetary denomination, and the 2016 year-date.
The coin is housed in a stylish latex case that displays the coin’s reverse and obverse. It is presented in a themed shipper, and is accompanied by a numbered Certificate of Authenticity.
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