The Australian quarter-ounce gold piece (abbreviated as 1/4 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 2021 design featuring the Spotted Eagle Ray was issued in several formats.
The spotted eagle ray (Aetobatus narinari) is a cartilaginous fish of the eagle ray family, Myliobatidae. As traditionally recognised, it is found globally in tropical regions, including the Atlantic, Pacific and Indian Oceans. Spotted eagle rays are most commonly seen alone, but occasionally swim in groups. They are ovoviviparous, the female retaining the eggs then releasing the young as miniature versions of the parent.
This ray can be identified by its dark dorsal surface covered in white spots or rings. Near the base of the ray's relatively long tail, just behind the pelvic fins, are several venomous, barbed stingers. Spotted eagle rays commonly feed on small fish and crustaceans, and will sometimes dig with their snouts to look for food buried in the sand of the sea bed. These rays are commonly observed leaping out of the water, and on at least two occasions have been reported as having jumped into boats, in one incident resulting in the death of a woman in the Florida Keys. The spotted eagle ray is hunted by a wide variety of sharks. The rays are considered near threatened on the IUCN Red List. They are fished mainly in Southeast Asia and Africa, the most common market being in commercial trade and aquariums. They are protected in the Great Barrier Reef in Australia. | 
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