Gold Ounce 2020 Australian Koala, Coin from Australia - detailed information

The Australian one ounce gold piece (abbreviated as 1 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.

Both mints issue coins featuring the koala - one of the most famous and distinctive animals native to Australia; the reverse design change every year. The gold one-ounce coins have a face value of 100 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 one ounce, so that the pure gold content is exactly 1.000 AGW (one troy ounce Absolute Gold Weight).

This coin is part of the Australian Koala series by the Perth Mint.

The Mint says about it:
Portraying one of our favourite marsupials, this stunning gold coin from the annual Australian Koala series showcases The Perth Mint’s magnificent high relief proof quality finish.

The Australian Koala is a sought-after coin series featuring annual designs of the much-loved koala - one of Australia’s most famous marsupials. Sleepy and docile, koalas spend most of their time either resting or eating gum leaves among the branches of Australia’s eucalyptus forests.

This 2020 high relief coin portrays an endearing image of a koala clinging to a tree branch. The noticeably raised image appears on a highly-polished concave surface.