1988 Australian One Dollar Coin Value Guide

Beautiful 1985 UNC Australia 1 Dollar KM 84 | eBay
1988 Australian One Dollar Coin
Estimated Value
$2 – $5
Period
1988
Origin
Australia
Materials
Aluminium Bronze

The 1988 Australian One Dollar coin is a significant numismatic piece issued to commemorate the Bicentenary of the First Fleet's arrival in Sydney Cove. While widely circulated, it remains a favorite for collectors due to its unique reverse design replacing the standard five kangaroos.

What Is 1988 Australian One Dollar Coin Worth?

The typical price range for 1988 Australian One Dollar Coin is $2 - $5 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • Overall luster and presence of 'bag marks' or scratches from circulation.
  • The presence of any minting errors, such as double strikes or off-center alignments.
  • The specific mint of origin, though most were produced for general circulation.
  • The preservation of fine details in the intricate Bicentenary reverse artwork.

How to Identify 1988 Australian One Dollar Coin?

  • Verify the reverse design features a stylized Aboriginal artwork or the First Fleet Bicentenary motif rather than the standard kangaroos.
  • Check for the Raphael Maklouf portrait of Queen Elizabeth II on the obverse side.
  • Confirm the material is aluminium bronze, giving the coin its distinct golden hue.
  • Look for the '1988' date stamp clearly struck on the obverse side.

History of 1988 Australian One Dollar Coin

Australia's one dollar coin was first issued in 1984, replacing the one dollar note. The 1988 issue is notable as it features the 'First Fleet Bicentenary' reverse design, commemorating 200 years since the arrival of the First Fleet in Sydney Cove. These coins were minted to celebrate a significant historical milestone for Australia, making them a common yet historically relevant collectible.

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