1998  1oz Silver New Parliament House DOLLAR


Obverse:Queen Elizabeth II - Design by Ian Rank-Broadley.
Legend: ELIZABETH. II. AUSTRALIA 1998
Reverse:Parliament House & 1988 $5.
Design by Horst Hahne. Sculpture by Vladimir Gottwald.
Legend: 1988 1998 ONE DOLLAR
Edge:Reeded - continuous mill.
Weight:31.635 grams (489.3 grains).
Size:40.60 mm (diameter).
Composition:.999 Fine Silver.
Silver Content:1.00 oz.
Mintage:Canberra - 17,096
Mintmarks:None.

Valuation :
1998 1oz Silver New Parliament House DOLLAR

Proof
200265

Notes:

Plans for a new Parliament House were approved by the then Prime Minister, Malcolm Fraser, in 1978. The need for a new home for parliament was becoming acute, due to overcrowding in the existing building, opened in 1927.

The impressive complex, built into the contours of Capital Hill, provides a majestic home for the legislature of our modern nation. From its towering 81 metre flagmast to the stunning marble columns and staircases of the foyer, Parliament House is a work of art itself. The building houses more than 3,000 art works, many of which are installed in public spaces and echo the building's symbolic theme - the discovery, exploration and settlement of Australia.

The building, which belongs to the people of Australia, is open to the public every day of the year.

To commemorate the 10th anniversary of the New Parliament House, the Royal Australian Mint created this proof one Troy ounce fine silver $1 coin. Incorporated in the design is a replica of the 1988 Commemorative $5 issued at the time the building was opened. The coin is housed, encapsulated, in a blue leatherette, hinged lid presentation case protected by a colourful cardboard box.

In a repeat of the distribution method used in previous years, collectors on the RAM mailing list were given a short period in which to order the coin with a limit of one coin per collector. Once the order period had closed and numbers were known, the production run was completed, striking only sufficient coins to fill orders plus an additional 18% which were distributed by selected numismatic dealers.


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