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. |