Australia is one of the large issuers of bullion coins. Uniquely, there are two independent mints in the country 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. Their issues are normally in standard sizes (mostly based on the troy ounce), but sometimes they also issue coins in non-standard formats, such as this one.
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).
Named for its long, distinctively shaped tail, the wedge-tailed eagle is Australia’s largest bird of prey. With an impressive wingspan of up to 2.5 metres, it has the ability to fly tirelessly for many hours and frequently reaches altitudes of 2,000 metres and beyond on thermal air currents rising from Australia’s sun-baked terrain.
The coin incorporates a pure gold centrepiece depicting a wedge-tailed eagle with outstretched wings. Its wingtips, feet, and the branch on which it is perched are gilded in 24 carat gold, enabling the golden artistry to extend into the pure silver border. |