| Coin | Gold Two Ounces 2016 Australian Koala |
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The Australian two ounces gold piece (abbreviated as 2 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.
The Perth Mint comes issues its Australian Koala series in many formats, with the high-value gold coin considered "numismatic" issues. The reverse design changes every year, always featuring a koala - one of the most famous and distinctive animals native to Australia.
The reverse and obverse of the 2016 2oz high relief coins are minted on concave surfaces to ensure the optimum flow of metal is achieved by the strike of the die. |
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| Obverse | |
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The obverse of the coin shows the crowned mature head of Queen Elizabeth II facing right (her effigy known as the "Fourth Portrait"). The Queen wears the "Girls of Great Britain and Ireland" diamond tiara, a wedding gift from Queen Mary (Her Majesty's grandmother) in 1947 - which she also has on the Machin and the Gottwald portraits.
In small letters below the head, the artist's initials IRB (for Ian Rank-Broadley).
Around the effigy is the monarch's legend and the face value: ELIZABETH II AUSTRALIA · 200 DOLLARS ·.
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| Reverse | |
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The coin's reverse depicts an adult koala walking along a branch of a eucalyptus tree.
On the right, the P mint mark of the Perth Mint; on the base of the branch to the left, the designer's initials IJ (for Ing Ing Jong).
Around above, the name of the coin series: AUSTRALIAN KOALA.
Around below, the year of issue and the precious metal content: 2016 2oz 9999 GOLD (two troy ounces of 99.99% gold). |
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| Reverse Inscription |
AUSTRALIAN KOALA 2016 2oz 9999 GOLD |
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| Edge | Milled | Edge Inscription | None |
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| Notes | Gold content (Troy oz): 2.000
Finish: proof, high relief, concave surfaces.
Packaging: each coin is presented in a prestigious display case within a themed shipper and is accompanied by a numbered Certificate of Authenticity.
Perth Mint Item ID: 16317CAAA
Issue price: AU$ 5,749.00 |
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| See also |
Coins issued by the Perth Mint in the Australian koala series in 2016 include:
- 5 oz Gold Proof, Australian Koala 2016
- 2 oz Gold High Relief, Australian Koala 2016
- 1 oz Gold High Relief, Australian Koala 2016
- 1/4 oz Gold Proof, Australian Koala 2016
- 1/10 oz Gold Proof, Australian Koala 2016
- 1 kg Silver, Bullion and Proof, Australian Koala 2016
- 5 oz Silver High Relief, Australian Koala 2016
- 1 oz Silver High Relief, Australian Koala 2016
- 1 oz Silver Bullion, Australian Koala 2016
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