The 1998 Jubilee piece was issued as part of the 'Milestones' set in the Royal Australian Mint's Masterpieces in Silver collection. The reverse features the William Leslie Bowles reverse design used on the 1951 Florin. The obverse features the Ian Rank-Broadley effigy of HM Queen Elizabeth II with the legend "ELIZABETH II - AUSTRALIA 1998 - TWENTY CENT".