Australian Dollar Coins 2007 APEC Dollar

November 2, 2009

2007 APEC Dollar
The Asia Pacific Economic Cooperation (APEC) is a group of 21 nations from around Asia and the Pacific who are working towards economic growth and liberalisation in the region. Formed in 1989 at the urging of Australia APEC meets in one of the member nations to hold discussions and forums each year. These meetings are attended by the leaders of each member nation (except Taiwan) and are major security and media events wherever they happen to be held. One could argue that the most interesting aspect of these meetings is the rather amusing national dress that we get to see our respected nation's leaders dress up in and then have to stand in front of the media and look slightly uncomfortable. In 2007 the APEC meeting was held in Sydney, Australia and to mark the event the RAM decided that the standard circulating dollar coin would be the APEC dollar.

The obverse of this standard 9 gram, 25mm Aluminium Bronze dollar coin is the Ian Rank-Broadley portrait of Queen Elizabeth II. The reverse is sculpted by Vladimir Gottwald and shows the logo for the Sydney APEC meeting of 2007. It is modeled on the 7 pointed Federation star that can be seen on the Australian flag. The star is made up of 21 boomerangs (a weapon of the native Australian aboriginals) which symbolise the 21 member states of APEC. There was a relatively large number of these coins minted (20,108,00), the majority entering circulation. Uncirculated examples were also available in official RAM rolls (the first such rolls in many years) and some were available in capsules and presentations cases. The coin was not mint-marked.

Posted by mnemtsas at November 2, 2009 3:34 PM
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