Gold Kilo 2020 Australian Olympic Team, Coin from Australia - detailed information

Gold Kilo 2020 Australian Olympic Team, Coin from Australia
CoinGold Kilo 2020 Australian Olympic Team

The Australian one kilo gold piece (abbreviated as 1 kg and designated with Au for "gold") is a bullion coin format. Uniquely, in Australia there are two mints 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.

Both mints endeavour to create coins with attractive designs, and to introduce new designs and themes often, in order to raise the numismatic value of the coins over the value of previous metal used.

This massive one kilogram gold coin is dedicated to the participation of the Australian Olympic Team at the Tokyo Olympic Games. The Olympics actually happened in 2021, but the coin is dated 2020 - the year when the Games were scheduled to happen; it was released in September 2021, after the actual Games ended.

The Mint says about it:
The Olympic story speaks to us of facing challenges, overcoming obstacles, discipline and resilience. It embodies fulfilment through achieving our personal best. The spirit of the Olympics resides in all of us, and this spirit will be felt across the world when elite athletes gather in Tokyo, Japan for the 2020 Olympic Games. With this premium 2020 $3000 1kg Gold Proof Coin we honour the personal stories of triumph, challenge and struggle that have been experienced by the Australian Olympic Team, and we celebrate them as they compete in a spirit of friendship at Tokyo.

MintRoyal Australian Mint Mint MarkNo mint mark Total Mintageunknown
Obverse
Australia / Gold Kilo 2020 Australian Olympic Team - obverse photo

The obverse of the coin depicts the crowned old head of Queen Elizabeth II facing right, wearing the Royal Diamond Diadem crown and the Victoria Coronation necklace worn for her Coronation. This is her effigy known as the "Fifth Portrait" worldwide and "Sixth Portrait" in Australia, in "uncouped" version - showing the Queen's shoulders and not terminating at the neck as the normal version.

On the left, in small letters on the Queen's shoulder, the artist's initials J.C (for Jody Clark).

Running continuously around the rim is the monarch's legend and the face value: ELIZABETH II · AUSTRALIA 2020 · 3000 DOLLARS ·.

Obverse Inscription ELIZABETH II · AUSTRALIA 2020 · 3000 DOLLARS ·
Reverse
Australia / Gold Kilo 2020 Australian Olympic Team - reverse photo

The reverse of the coin shows in its left part seven stylised figures of athletes competing in different sports, on a background of curved vertical stripes representing ribbons.

To the left of figures, the official logo of the Australian Olympic Committee, below which a rectangle enclosing the Japanese language characters 東京 (in Kanji: Tokyo).

Around above right, the inscription AUSTRALIAN OLYMPIC TEAM. Around below left, facing in the opposite direction, the precious metal content: 1 kg .9999 Au (one kilogram of 99.99% gold; Au is abbreviated from Aurum, the Latin word for gold).

The designer's logo, a stylised A over B (for Aaron Baggio) is below left, above the foot of an athlete. The date, face value and denomination are on the obverse.

Reverse Inscription 東京 AUSTRALIAN OLYMPIC TEAM · 1 kg .9999 Au
EdgeMilledEdge InscriptionNone
Notes

RAM Product Code: 10415.
Finish: proof.
Issued in wooden presentation box.
Made to order.

The design was approved by the Assistant Treasurer in Currency (Australian Coins) Amendment (2020 Royal Australian Mint No. 1) Determination 2020 on 17 March 2020.

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Gold Kilo 2020 Australian Olympic Team: Details
CountryAustralia
CurrencyAustralian Dollar
Coin TypeGold Kilo (1 kg)
Issued2020
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Portrait by Jody Clark (Australian version)
Face Value3000 (x Dollar)
Mintageunknown
Mintage Limit5
CurrentYes
Material0.9999 Gold
DesignerAaron Baggio
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size74.770 mm
Thickness14.000 mm
Mass1,000.000 g
OCC IDRNAZ-OGWC-BBBX-OXJL
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Gold Kilo 2020 Australian Olympic Team: Photos
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Australian Olympic Team 2020 $3000 1kg Gold Proof Coin
Copyright: Royal Australian Mint
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Australian Olympic Team 2020 $3000 1kg Gold Proof Coin
Copyright: Royal Australian Mint
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