This five piece set was struck in sterling silver with each coin commemorating a person, place or event that played an invaluable role in turning the continent of Australia from the penal settlement it once was into the thriving nation it is today. On first arrival the Australian terrain provided a harsh and somewhat hostile environment in which to survive, but thanks to these early efforts in pioneering the country was able to celebrate industry, communications, transport and economy. All of these things helped to improve the quality of life that could be sustained by the people. Commemorated in this culturally significant silver coin set are Charles Todd, Colonel William Light, The Gold Rush, Cobb & Co and Elizabeth McArthur. The set, released in 1995 is one from the Masterpieces in Silver collection and is named 'Colonial Australia.'