| Coin | Gold Five Ounces 2016 Australian Koala |
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The Australian five ounces gold piece (abbreviated as 5 oz and designated with Au for "gold") is a bullion coin format. Uniquely, in Australia there are two mints independently authorised to strike legal tender: the Royal Australian Mint (which also makes the country's circulating coinage) and the Perth Mint which only makes collector and bullion coins, as well as other bullion products.
The Australian Koala series by the Perth Mint is issued in many bullion formats, including the large five ounces of gold size.
The reverse design changes every year, always featuring a koala - one of the most famous and distinctive animals native to Australia. The gold five-ounce coins have a face value of 500 dollars, but this is only symbolic - as the bullion value of their precious metal content is much higher. The overall weight is slightly more than five ounces, so that the pure gold content is exactly 5.000 AGW (troy ounce Absolute Gold Weight).
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| Obverse | |
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The obverse of the coin shows the crowned mature head of Queen Elizabeth II facing right (her effigy known as the "Fourth Portrait"). The Queen wears the "Girls of Great Britain and Ireland" diamond tiara, a wedding gift from Queen Mary (Her Majesty's grandmother) in 1947 - which she also has on the Machin and the Gottwald portraits.
In small letters below the head, the artist's initials IRB (for Ian Rank-Broadley).
Around the effigy is the monarch's legend and the face value: ELIZABETH II AUSTRALIA · 500 DOLLARS ·.
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| Reverse | |
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The coin's reverse depicts an adult koala walking along a branch of a eucalyptus tree.
On the right, the P mint mark of the Perth Mint; on the base of the branch to the left, the designer's initials IJ (for Ing Ing Jong).
Around above, the name of the coin series: AUSTRALIAN KOALA.
Around below, the year of issue and the precious metal content: 2016 5oz 9999 GOLD (five troy ounces of 99.99% gold). |
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| Reverse Inscription |
AUSTRALIAN KOALA 2016 5oz 9999 GOLD |
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| Edge | Milled | Edge Inscription | None |
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| Notes | Gold content (Troy oz): 5.000
Finish: proof.
Packaging: each coin is presented in a prestigious timber box within a themed shipper and is accompanied by a numbered Certificate of Authenticity.
Perth Mint Item ID: 16117KAAA |
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| See also |
Coins issued by the Perth Mint in the Australian koala series in 2016 include:
- 5 oz Gold Proof, Australian Koala 2016
- 2 oz Gold High Relief, Australian Koala 2016
- 1 oz Gold High Relief, Australian Koala 2016
- 1/4 oz Gold Proof, Australian Koala 2016
- 1/10 oz Gold Proof, Australian Koala 2016
- 1 kg Silver, Bullion and Proof, Australian Koala 2016
- 5 oz Silver High Relief, Australian Koala 2016
- 1 oz Silver High Relief, Australian Koala 2016
- 1 oz Silver Bullion, Australian Koala 2016
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