5 Dollars - Elizabeth II 3rd Portrait - Masterpieces in Silver; Parliament House

Features

Issuer	Australia
Queen	Elizabeth II (1952-2022)
Type	Non-circulating coins
Year	1988
Value	5 Dollars 5 AUD = USD 3.56
Currency	Dollar (1966-date)
Composition	Silver (.925)
Weight	35.79 g
Diameter	38.63 mm
Thickness	3 mm
Shape	Round
Technique	Milled
Orientation	Medal alignment ↑↑
Number	N# 145987
References	KM# 102a Standard Catalog of World Coins (86 volumes). , Schön# 89a Battenberg Gietl Verlag (publisher). Weltmünzkatalog. Battenberg Gietl Verlag, Regenstauf, Bavaria, Germany (4 volumes).

Commemorative issue

Parliament House

Series: Masterpieces in Silver

Obverse

3rd portrait of Queen Elizabeth II facing right wearing the King George IV State Diadem

Script: Latin

Lettering:
ELIZABETH II
AUSTRALIA 1988
RDM

Designer: Raphael David Maklouf

Reverse

Image of New Parliament House in Canberra with the Australian Flag flying high above.

Script: Latin

Lettering:
SD
5
DOLLARS

Designer: Stuart Devlin

Edge

Milled

Mint

Royal Australian Mint, Canberra, Australia (1965-date)

Comments

This Sterling Silver (.925) NCLT Proof coin was issued by the RAM (19,999 Sets) as part of the 1988 Bicentennial Masterpieces in Silver Set with three other Sterling Silver Proof coins. 5000 Sets were also released at the Sydney Coin Fair with a specially printed wrap around ribbon.

The coins in the set were :-
This $5 coin which commemorated the opening of the New Parliament House in the Bicentennial Year 1988.
A 50 cent coin featuring the special reverse face for the Bicentennial Year 1988
A $1 coin featuring the special reverse face for the Bicentennial Year 1988.
A $2 coin which replaced the Two Dollar Banknote in the Bicentennial Year 1988.

Three million Aluminium-bronze versions of this $5 coin were also commissioned and distributed by the Commonwealth Bank in folders at face value in 1988 in celebration of the opening of the New Parliament House. A Proof version of the Aluminium-bronze coin was also sold in a plush square box.

Present in sets

1988 - Australia - Masterpieces in Silver (Australia Bicentenary)

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Date	Mintage		Frequency
Undetermined
1988	19 999	Proof - Masterpieces in Silver Set	75%
1988	5 000	Proof - MIS Sydney Coin Fair Set	19%

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Since some users own several versions, the sum may be greater than 100%.

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Numista Rarity index: 75 Search tips

This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Bullion value: USD 77.41 Search tips

This value is given for information purpose only. It is based on a price of silver at 2338 USD/kg. Numista does not buy or sell coins or metal.

Actual silver weight: 1.064 oz

Current silver price: 72.73 USD/oz (see silver price

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Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Katz Summer Evening Auction 162 Lot 1462	7 Jul 2025	Undetermined	UNC	USD 34.79 (EUR 30.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 144 Lot 2988	17 Nov 2024	Undetermined	UNC	USD 38.27 (EUR 33.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 141 Lot 2957	25 Oct 2024	Undetermined	UNC	USD 37.11 (EUR 32.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 126 Lot 1438	18 May 2024	Undetermined	UNC	USD 38.27 (EUR 33.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.