Gold Five Ounces 2022 Australian Koala, Coin from Australia - detailed information

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).

The Mint says about it:
A magnificent collectable, this stunning coin featuring one of Australia’s favourite native animals is struck from 5oz of 99.99% pure gold in flawless proof quality. The Australian Koala is a sought-after coin series featuring annual designs of the much-loved marsupial. Sleepy and docile, koalas spend most of their time either resting or eating gum leaves among Australia’s eucalyptus forests.