Gold Kilo (2020) Perth Mint Cast Bar, Coin from Australia - detailed information

Australia has two mints, the Royal Australian Mint (which also makes the country's circulating coinage) and the Perth Mint, which are both very active in the bullion coinage space; coins issued by them are legal tender.

Additionally, there are private issuers of bullion which is not legal tender and is targeted at investors and not at coin collectors - such as this one.

This gold cast bar is part of the Perth Mint's large range of bullion products.

Cast gold bars represent the original method for gold bar refining. Long before computer-controlled stamping machines were available to help product minted ingots with refined shapes and intricate designs, gold was simply melted down and poured into prefabricated casts to shape the bar. Today, cast gold bars remain a viable option for many buyers. Cast gold bars often have rough finishes, with the obverse side generally smooth. Most cast gold bars have smooth, rounded edges and corners as well.