Gold Ounce 2020 Dragon, 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 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 coin is part of the Perth Mint's Chinese Myths and Legends series, and features a Chinese Dragon.

The Mint says about it:
This stunning pure gold coin honours the most powerful and divine creature in Chinese mythology - the dragon.

The oriental dragon is traditionally portrayed in serpentine form with scaly skin, bulging eyes and sharp claws. Despite its fearsome appearance, it is said to bestow kindness, good luck and fortune upon humanity. The coin’s reverse portrays a dramatic representation of a Chinese dragon intent on catching a flaming pearl. Another highly symbolic motif in Chinese culture, the flaming pearl is a metaphor for wisdom and enlightenment.