Gold Ounce 2022 Australian Koala, High Relief, 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, and is in high relief (with smaller diameter than usual, and thicker).

The Mint says about it:
A pristine proof quality collectable, this remarkable coin featuring one of Australia’s favourite native animals is struck in stunning high relief from 1oz of 99.99% pure gold. 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.