A 1/3 oz fine platinum coin from The Perth Mint, featuring the Australian sea lion and issued as legal tender of Australia.
.9995
Brilliant Uncirculated
The Perth Mint
Mint Dates
2023
Composition
99.95% pure platinum
Diameter / Weight
20.1 mm / .25 oz
IRA Eligible
Yes, IRA Approved
Available Sizes
See SKU weight
The 2023 1/3 oz Australian Sea Lion Platinum Coin pairs .9995 fine platinum content with sovereign-grade authority, giving you a globally recognized bullion position with clear provenance.
The 2023 Australian Sea Lion is struck by The Perth Mint as legal tender of Australia under Commonwealth authority. Each coin contains 1/3 troy ounce of .9995 fine platinum and carries a face value of 30 Australian Dollars, backed by the Australian government for weight and purity.
The reverse features an Australian sea lion resting on coastal rocks, rendered in frosted relief with ocean-inspired radial design elements in the background. The design includes the “P” mintmark of The Perth Mint along with the coin’s year and weight specifications. The obverse displays the Jody Clark memorial effigy of Queen Elizabeth II, including the dual dates 1952–2022, denomination, and purity marks. The coin is struck in brilliant uncirculated condition. Perth Mint wildlife bullion releases are known for sharp strike quality and clean fractional formats that appeal to both collectors and platinum investors.
A one-year-only 2023 Perth Mint issue, the Australian Sea Lion belongs to Perth’s fractional platinum wildlife series, which has developed a niche following among collectors and platinum buyers seeking alternatives to standard 1 oz bullion formats. Perth Mint platinum products are internationally recognized and liquid across major bullion markets. Cedar Gold’s Buyback Guarantee commits to purchase this product back at competitive market rates for as long as you hold it, with zero liquidation fees on the outbound side.
IRA-eligible for self-directed Precious Metals IRAs, subject to custodian approval. The Australian Sea Lion’s 1/3 oz fractional format offers platinum exposure at a lower entry price than full-ounce platinum bullion while maintaining sovereign-mint credibility. Inside a self-directed Precious Metals IRA, this product is held by a qualified custodian at an approved depository, allowing you to maintain ownership without personal possession until distribution.
Weight: 0.25 oz
Diameter: 25.6 mm
Finish: Brilliant Uncirculated
Edge: Reeded (typical for bullion strike)
Denomination: AUD $25
Grade: N/A
Dimensions and weight are struck to Perth Mint specifications. Coins typically ship in a protective capsule to preserve brilliant uncirculated condition.
Metal: Platinum
Purity: .9995 fine platinum (99.95%)
Contains 1/3 troy ounce of investment-grade platinum. .9995 fine platinum meets the standard purity threshold commonly required for sovereign platinum bullion products and many self-directed Precious Metals IRAs, subject to custodian approval.
Mint: The Perth Mint
Struck in 2023 as part of The Perth Mint’s Australian Wildlife bullion program. This release is a limited annual issue within Perth Mint’s fractional platinum wildlife series.
Struck by The Perth Mint in Western Australia, an internationally recognized sovereign mint and LBMA Good Delivery refiner. Weight and purity are guaranteed under Australian government authority.
Obverse: Jody Clark memorial effigy of Queen Elizabeth II, including the dual dates 1952–2022, denomination, and purity details.
Reverse: Australian sea lion in detailed natural relief.
Ships in a protective capsule. Store in the capsule to maintain the BU finish.
Official Perth Mint bullion strike with government-backed weight and purity guarantee. Authentication is typically verified through weight, dimensions, strike quality, and dealer recognition. The detailed relief design and precision strike support visual verification.
This product meets the statutory minimum fineness requirement for platinum in a Precious Metals IRA (.9995) at .9995 fine platinum. It is struck by The Perth Mint, a qualifying sovereign mint, and may be held by a qualified custodian at an approved depository in accordance with IRC §408(m)(3).
IRS REQUIREMENTS (IRC §408(m)(3))
The Internal Revenue Code sets statutory minimum fineness thresholds for metals held in an IRA: gold .995, silver .999, platinum .9995, palladium .9995. Coins must be produced by a qualifying sovereign mint; bars must be produced by a refiner accredited by NYMEX, COMEX, NYSE-LIFFE, LME, LBMA, LPPM, TOCOM, ISO 9000, or a national government mint.
Collectibles are generally disallowed under IRC §408(m); the precious-metals exception in §408(m)(3) is narrow and fineness-driven. Specific U.S. coins, notably the American Gold Eagle and Silver Eagle are listed by statute.
A Precious Metals IRA must be held under a qualified custodian (trust company, bank, or qualifying non-bank custodian) and the metals themselves must be stored at an approved depository. You do not take personal possession of IRA-owned metals while they remain inside the account.
Common depositories include the Delaware Depository, Brink’s Global Services, IDS of Delaware and Texas, and A-M Global Logistics. Your chosen custodian will coordinate shipment and intake with the depository on your behalf.
Depositories offer two storage modes: segregated (your coins are held in a dedicated account and never commingled) and non-segregated or pooled (like-kind coins of the same series are stored together and a specific bar/coin is returned on distribution). Segregated storage carries a higher fee but preserves specific-coin identity.
All IRA-approved depositories carry all-risk insurance with Lloyd’s of London underwriting covering fire, theft, natural disaster, and employee dishonesty. Annual storage and insurance fees typically run from approximately $100 to $300, depending on account size and storage mode.
Traditional Precious Metals IRA: contributions may be deductible; growth is tax-deferred; distributions are taxed as ordinary income. Roth Precious Metals IRA: contributions are after-tax; qualified distributions (age 59½ and 5-year rule) are tax-free. Physical metals held in an IRA are treated identically to paper assets for tax purposes; the collectibles-rate long-term capital gains rule does NOT apply to metals held inside a qualifying IRA.
You can fund a Precious Metals IRA through a direct trustee-to-trustee transfer, a 60-day indirect rollover, or annual contributions. Direct transfers have no frequency limits and are not reported to the IRS as distributions. 60-day rollovers are limited to one per 12-month period across all of your IRAs (the Bobrow rule).
Eligible source accounts: Traditional IRA, Roth IRA, SEP IRA, SIMPLE IRA (after two years), 401(k), 403(b), 457(b), and TSP. The 2026 annual IRA contribution limit is $7,500 ($8,600 with the age-50 catch-up, per IRS Notice 2025-67). Confirm with your CPA or custodian.
Note: Cedar Gold Group is not a tax, legal, or financial advisor. IRA eligibility information is based on IRC §408(m)(3) as interpreted at the time of publication. Consult your tax professional and IRA custodian for guidance on your specific account.
