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5 Dollar - Elizabeth II 70th Anniversary of Phar Lap's 1930 Melbourne Cup Win

5 Dollar - Elizabeth II (70th Anniversary of Phar Lap's 1930 Melbourne Cup Win) -  obverse5 Dollar - Elizabeth II (70th Anniversary of Phar Lap's 1930 Melbourne Cup Win) -  reverse

© Mike Bentley

Features

Country Australia
Type Non-circulating coin
Year 2000
Value 5 Dollars
5 AUD = 3.42 USD
Currency Dollar (1966-date)
Composition Aluminium-bronze
Weight 28 g
Diameter 38.74 mm
Thickness 3.5 mm
Shape Round
Orientation Medal alignment ↑↑
References KM# 510
Standard Catalog of World Coins
by George S. Cuhaj
(Krause Publications)

Commemorative issue

70th Anniversary Phar Lap's Melbourne Cup win

Obverse

4th Portrait Queen Elizabeth II facing right

Lettering:
ELIZABETH II AUSTRALIA 2000
IRB

Engraver: Ian Rank-Broadley

Ian Rank-Broadley FRBS is a British sculptor who has produced many acclaimed works, among which are several designs for British coinage.

Reverse

Depiction of Phar Lap with Jockey in racing pose placed within a representation of part of a horse racecourse.

Lettering:
PHAR LAP 1930
FIVE DOLLARS

Engraver: Vladimir Gottwald

Vladimir Gottwald was a member of the Royal Australian Mint's Design and Engraving Section. His portrait, designed following the British Royal Mint's invitation for a new effigy in 1996, was among the three designs submitted to Her Majesty for approval. Although Rank-Broadley's design was eventually chosen, Gottwald's design was approved for a once only use to commemorate the Royal Visit in 2000.

Edge

Reeded

Comments

This NCLT Aluminium-bronze proof coin was released by the RAM in 2000 to commemorate 70 years since Phar Lap won the Melbourne Cup in 1930.
The name Phar Lap, forever etched in Australian History, is known by racing fans the world over. Yet, this magnificent story of triumph began without a notion of the fame and tragedy that would follow.
Struggling Sydney trainer Harry Telford  saw potential in an ungainly colt from New Zealand and despite criticism from his peers he was determined to achieve success. Even the name Phar Lap, which is the Thai phrase for "Lightning", was testimony to Telford's faith in the horse. After his first and many subsequent victories in late 1929 and 1930 Phar Lap became known as the Red Terror by the thousands of unemployed who relied on him to boost their morale during the heartbreaking depression. Bookmakers were losing money with each Phar lap win. Amazingly shots were fired at him on an early spring morning in 1930, he was uninjured and won the Melbourne stakes later that day. Shortly after that he won the 1930 Melbourne Cup which engulfed the country in Phar Lap euphoria.
In 1932 Phar Lap was sent to conquer the world when he went to Mexico where he would run in the world's richest horse race, the Agua Caliente Handicap with stakes of $50,000. Phar Lap carried an injury into the race but continued to defy the odds by winning the race in record time.
Sadly Phar Lap died on 5th April 1932 while resting in California, only sixteen days after his last triumph. Controversy marred the passing of the Australian Icon as various theories developed trying to explain his death. While the true cause of his death could never be established his record provides undeniable proof of his greatness, 37 wins from 51 starts and winnings the third highest in the world at that time.

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Year Mintage G VG F VF XF AU UNC
2000  18,804 Proof

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5 Dollar - Elizabeth II (70th Anniversary of Phar Lap's 1930 Melbourne Cup Win)