Australian Emu Silver bullion coin
| Australia | |
| Value | 1.00 AUD |
|---|---|
| Mass | (1.00 troy oz) |
| Diameter | 40.6 mm |
| Edge | Reeded |
| Years of minting | 2018 |
| Obverse | |
| Design | The Queen Elisabeth II |
| Designer | Ian Rank-Broadley |
| Reverse | |
| Design | Australian Emu which is placed against a background of a typical Australian wilderness |
| Designer | Jennifer McKenna |
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The Australian Silver Emu is the official silver bullion coin of the Australia.[1]
In 2018, Perth Mint released its first silver coin with the image of the emu. The bullion coin is made from the highest-quality ore with silver purity of .9999. The total mintage of the coin is limited to 30 thousand pieces.
The emu belongs to the family of non-flying birds and is one of the largest in the world. Generally regarded as the symbol of Australia, it is found on the emblem of Australia, next to the second known Australian animal - the kangaroo. Both animals have specific features; they cannot move backwards, thus emphasising the motto of the country “never backwards, always forward”.
The first of the series[edit]
The bullion coin was a huge success and sold out within 36 hours of its publication. The huge interest among investors and collectors is due to the attractive project, which is simple, but eye-catching, especially the characteristic details, such as the fonts used or the meticulous drawing of the animal. The Australian Silver Emu project inaugurates a series of coins with the image of an emu, which will be subject to changes every year.
Design[edit]
The obverse obverse of the Australian Emu bears the portrait of Queen Elizabeth II of Great Britain designed by Ian Rank-Broadley, with her name, the name of the issuing country and the face value of the coin.
The coin’s reverse designed by Jennifer McKenna depicts the image of the Australian Emu against the background of the characteristic Australian desert (outback), surrounded by the inscription “Australian Emu”. At the bottom of the coin is the year of production, coin weight and the silver purity .9999. The mint mark, "P" is also placed gainst the background of the coin.
Value[edit]
The coin has a face value of 1 Australian dollar. This value does not reflect their total value, which is significantly higher and dictated by the silver content and spot price of the metal. The Australian Emu has the Australian government’s guarantee regarding the coin’s legality, purity and origin of the ore (legal basis - the Act on currencies of 1965) and is a legal tender in the territory of the country.
Distribution[edit]
The coin was minted in Australia’s oldest mint - The Perth Mint, famous for setting market trends and combining traditional craftsmanship with modern methods of production.
Metal Market Europe - a leader in investment metals trading in East and Central Europe, cooperating with the largest and prestigious mints in the world is responsible for the global distribution of the Australian Emu silver bullion coin.[2]
References[edit]
- ↑ [Currency (Perth Mint) Determination (No. 2) 2017 https://www.legislation.gov.au/Details/F2017L01024/Explanatory%20Statement/Text] at legislation.gov.au
- ↑ [Perth Mint blog http://www.perthmintbullion.com/Blog/Blog/18-02-19/Limited_Emu_silver_bullion_coin_set_to_run_hot.aspx]
External links[edit]
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