Ten Dollars Gold 2020 Eureka! Australia's Gold Rush, Coin from Australia - detailed information

Ten Dollars Gold 2020 Eureka! Australia's Gold Rush, Coin from Australia
CoinTen Dollars Gold 2020 Eureka! Australia's Gold Rush

The Australian tenth-ounce gold piece (abbreviated as 1/10 oz and designated with Au for "gold") is a bullion 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 Royal Australian Mint released these one tenth-ounce gold coins in January 2020 to pay tribute to the era of Australia’s famed gold rush, which started in 1851. New South Wales was the scene of the country’s initial discovery of large deposits of gold when Edward Hammond Hargraves, a gold prospector, claimed to have found gold in 1851, effectively starting an Australian gold rush.

Before the end of that year, the gold rush spread to many other parts of the state where gold had been found, not just to the west, but also to the south and north of Sydney. When the rush began in Ballarat, then a small town in Victoria, diggers discovered it was indeed a prosperous gold field. The territory’s lieutenant-governor paid a visit to the site and watched five men uncover a staggering 136 ounces of gold in just one day. The settlement of Mount Alexander was even richer than Ballarat, as it was discovered that gold was sitting just under the surface, the shallowness allowing diggers to unearth huge gold nuggets easily. In only seven months, 2.4 million pounds of gold was transported from Mount Alexander to nearby capital cities. Ultimately, the gold rushes caused a massive influx of people from overseas. Between 1852 and 1860, 290,000 people alone migrated to Victoria from the British Isles, with 15,000 coming from other European countries, and 18,000 emigrated from the United States where there had been a similar gold rush in California in 1849.

The Australian gold rushes went on to fundamentally change the convict colonies into more progressive cities with the influx of free immigrants. One particular import due to the gold rush was that of camels which were believed ideal for the transport of provisions. The remote desert landscapes of Western Australia needed supplies, and camels were ideal for the job. Camels were imported into Australia by Afghan cameleers and were proven to be crucial to Western Australia’s gold industry (thus the image on the packaging). Today, Australia is the second-largest producer of gold in the world.

The coins were issued individually boxed, in Proof FDC grade.

MintRoyal Australian Mint Mint MarkLetter C Total Mintage1,000
Obverse
Australia / Ten Dollars Gold 2020 Eureka! Australia's Gold Rush - obverse photo

The obverse of the coin depicts the crowned old bust of Queen Elizabeth II facing right, wearing the Royal Diamond Diadem crown worn for her Coronation (effigy known as the "Fifth Portrait" worldwide but "Sixth Portrait" in Australia, where the Queen's portrait by Vladimir Gottwald was fifth).

The Queen also wears the Coronation Necklace; originally made for Queen Victoria in 1858, it was also worn at the coronations (as Queen's Consort) of Queen Alexandra in 1902, Queen Mary in 1911 and Queen Elizabeth (the Queen mother) in 1937.

Unlike on British coinage, the effigy includes the Queen's shoulders. On regular circulating coins it extends almost to the rim of the coin. Consequently, on them the legend does not run continuously around the rim. On commemorative coins the effigy is smaller and the value and denomination are below.

The artist's initials JC (for Jody Clark) are incuse in tiny letters in the left field of the effigy (on the Queen's right shoulder, near the rim).

Around the effigy is the monarch's legend and the date: ELIZABETH II · AUSTRALIA 2020 · 10 DOLLARS ·.

The value and denomination · 10 DOLLARS · are around below.

Obverse Inscription ELIZABETH II · AUSTRALIA 2020 · 10 DOLLARS ·
Reverse
Australia / Ten Dollars Gold 2020 Eureka! Australia's Gold Rush - reverse photo

The reverse has a serrated border. At the centre of the design are depicted two gold nugget shaped like the maps of the Australian mainland and the island of Tasmania.

Partially obscured by the gold nuggets, a representation of a prospector pan. Flowing around and through the prospector pan, a stylised impression of flowing water. Above, the inscription EUREKA! (from old Greek: "I found!") - the cry of joy of a prospector who has just struck gold.

Below, a small letter C (from Canberra) represents a mint mark of the Royal Australian Mint which it uses on collector issues only.

Around above right, AUSTRALIA’S GOLD RUSH.

The designer's initials TD (for Tony Dean) are below, outlined against the water motif.

Reverse Inscription EUREKA! AUSTRALIA’S GOLD RUSH
EdgeMilledEdge InscriptionNone
Notes

The coin design was approved by the Assistant Minister for Treasury and Finance in Currency (Australian Coins) Amendment (2019 Royal Australian Mint No. 6) Determination 2019 on 23 October 2019.

See also

The same reverse design was also used on a $1 coin struck in Aluminium Bronze and in silver.

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Ten Dollars Gold 2020 Eureka! Australia's Gold Rush: Details
CountryAustralia
CurrencyAustralian Dollar
Coin TypeGold Tenth-Ounce (1/10 oz)
Issued2020
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Portrait by Jody Clark (Fifth Portrait)
Face Value10 (x Dollar)
Total Mintage1,000
CurrentYes
Material0.9999 Gold
DesignerTony Dean
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size17.530 mm
Thickness1.800 mm
Mass3.110 g
OCC IDMXKD-OKQC-RGYG-OWQJ
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Ten Dollars Gold 2020 Eureka! Australia's Gold Rush: Photos
ImageDetails
$10 2020 Eureka Gold Proof Coin
Copyright: Royal Australian Mint
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$10 2020 Eureka Gold Proof Coin
Copyright: Royal Australian Mint
Source