The Australian one ounce silver piece (abbreviated as 1 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.
This one-ounce silver coin with a face value of $1 is part of the Perth Mint's bullion coin range featuring native animals, and is the first depicting an Australian Wombat.
The Mint says about it: The Perth Mint is delighted to add the 2021 Australian Wombat to its outstanding range of silver bullion coins celebrating iconic Australian marsupials. The wombat is a sturdy quadruped found in forested, mountainous and heathland areas of eastern Australia and Tasmania.
With powerful limbs and sharp flat claws, it is ideally built for digging. At up to one meter in length, it is one of the largest burrowing animals in the world. Like kangaroos and koalas, the wombat nurtures its young inside a pouch. Unlike its marsupial cousins, however, the female’s specially adapted pouch from the rear so as to better protect its young during tunnelling. |