Gold Tael - ABC Bullion Cast Bar, Coin from Australia - detailed information

Gold Tael - ABC Bullion Cast Bar, Coin from Australia
CoinGold Tael - ABC Bullion Cast Bar

Australia has two mints, the Royal Australian Mint (which also makes the country's circulating coinage) and the Perth Mint, which are both very active in the bullion coinage space; coins issued by them are legal tender.

Additionally they, and other companies, issue bullion which is not legal tender and is targeted at investors and not at coin collectors. Most of of these products are in standard bullion sizes based on the troy ounce or on the metric system, but some - such as this product - are not.

The Chinese Tael is a historical name for the gold weight of 37.50 grams. The Tael features a soft round donut shape with a centre hole, and the Chinese characters depicted on the bar which translates to "wishing you good luck" and "great fortune".

This traditional ABC Bullion 9999 gold cast bar can be worn on a cord around the neck, or given as gifts for weddings or during Chinese New Year.

MintABC Refinery Mint MarkABC Ingot Mintageunknown
Obverse
Australia / Gold Tael - ABC Bullion Cast Bar - obverse photo

The obverse is blank.

Obverse Inscription (none)
Reverse
Australia / Gold Tael - ABC Bullion Cast Bar - reverse photo

The reverse depicts the ABC square ingot logo on top.

On the left, the Chinese characters 和意 (hé yì) for "good wishes"' on the right, 吉祥 (jí xiáng) for "good fortune". Between them, the weight and purity of the metal content 37.50 999.9.

Below centre, (liǎng) - the Chinese measurement unit for weight known as "tael", and Au for "gold".

Reverse Inscription ABC 和意 吉祥 37.50 999.9 两 Au
EdgePlainEdge InscriptionNone
Notes

Gold content (in troy oz): 1.2056.

Note that the provided image shows 37.59 inscribed on the ingot, while the specifications and description state 37.50.

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Gold Tael - ABC Bullion Cast Bar: Details
CountryAustralia
Coin TypeGold Other Sizes (Private Bullion)
Issued2020 - present
Mintageunknown
Material0.9999 Gold
TechnologyCast
ShapeRound with hole
OrientationMedal Alignment (Axis 0)
Size25.0000 mm
Thickness5.200 mm
Mass37.5000 g
OCC IDQRAP-EBNC-BBXN-EYJD
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Gold Tael - ABC Bullion Cast Bar: Photos
ImageDetails
Gold Tael - ABC Bullion Cast Bar: Photo 37.5g ABC Bullion Tael Cast Bar Gold / thumbnail 37.5g ABC Bullion Tael Cast Bar Gold
Copyright: ABC Bullion
Source
Gold Tael - ABC Bullion Cast Bar: Photo 37.5g ABC Bullion Tael Cast Bar Gold / thumbnail 37.5g ABC Bullion Tael Cast Bar Gold
Copyright: ABC Bullion
Source