Coin | Gold Ounce 2023 Australian Wedge-tailed Eagle |
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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 Australian Wedge-tailed Eagle series by the Perth Mint, and the seventh design by John M. Mercanti (the series features a new design every year).
The mint says about it: Struck from 1oz of pure gold, this notable release features an incused representation of a majestic wedge-tailed eagle, meaning the design is pressed into the surface of the coin as opposed to more traditional raised relief. |
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Obverse | |
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 1952 - 2022 · AUSTRALIA · 100 DOLLARS ·.
The legend is interrupted by the "memorial" inclusion of the dates of the Queen's reign, 1952 - 2022. |
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Reverse | |
The coin portrays a representation of a wedge-tailed eagle; the bird is standing on a branch with its vast wings outstretched.
Around above right, the inscription AUSTRALIAN WEDGE-TAILED EAGLE.
Around below left, the date of issue and the precious metal content: 2023 1 oz 9999 GOLD (one troy ounce of 99.99% gold).
The P mint mark of the Perth Mint is in the rim below. The designer's initials JM (for John M. Mercanti) are on the branch below the eagle, just above the mint mark. |
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Reverse Inscription |
AUSTRALIAN WEDGE-TAILED EAGLE 2023 1 oz 9999 GOLD |
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Edge | Milled | Edge Inscription | None |
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Notes | Gold content (Troy oz): 1.000 Finish: Proof FDC, incused, Ultra High Relief (UHR). Packaging: accompanied by a numbered certificate of authenticity, the coin is housed in a prestigious timber presentation case and themed shipper. Perth Mint SKU: 23Q59AAA Date of issue: March 2023 Issue price: AU$ 4,250.00
The coin is thicker than the bullion ounce, and has a smaller diameter.
The coins were issued during the reign of King Charles III; however, as his effigy was not expected to be approved for use in Australia until late in the year, they feature a "memorial" obverse with the effigy of Queen Elizabeth II and the dates of her reign, 1952 - 2022. |
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