The Australian five ounces silver piece (abbreviated as 5 oz and designated with Ag for "silver") is a bullion and commemorative 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.
The mint says about this coin: Struck from 5oz of 99.99% pure silver in proof quality with a high relief strike, this beautiful coin offers collectors a new opportunity to savour one of our most popular animal themes. Extremely popular since it was launched in 2017, the Australian Swan features annual designs of the elegant waterbird that glides majestically along estuaries, inlets and rivers across our continent. |