In this JM Bullion listing, you have the chance to purchase a unique legal tender unit. These gold coins have a distinct shape and a face value listed in Australian Dollars. The legal tender unit of the Commonwealth of Australia, Australian dollars are never issued in such a unique option. Right now, 1/10 oz Australian Legal Tender Gold Units are available to purchase online from JM Bullion.
Product Highlights:
- Arrives inside of individually-sealed capsules and multiples of 10 in a plastic clam shell (if available)!
- Contains 1/10 Troy oz of .9999 pure gold.
- Bears a face value of $15 (AUD) backed by the federal government of Australia.
- Obverse features the effigy of Queen Elizabeth II.
- Reverse bears the geographic outlines of the United States of America and Australia.
Each of these 1/10 oz Australian Legal Tender Gold Units is available to purchase from JM Bullion within clear, sealed capsules. These distinct products have a lower price point and improved flexibility when compared to gold bullion coinage or gold bars. These legal tender gold units are also available in bulk packages.
The 1/10 oz Australian Legal Tender Gold Units in this listing are also available in barter tubes. The rugged tube has a snap front and contains up 10 individual legal tender units. Each unit has a unique square shape with rounded corners and a reeded edge.
On the obverse of the 1/10 oz Australian Legal Tender Gold Unit is the effigy of Queen Elizabeth II. Her Majesty’s effigy featured here is the fourth-generation design created in 1998 by Ian Rank-Broadley. It was originally used by the Royal Mint of England and the Perth Mint. Engravings include the Queen’s name, nation of issue, weight, purity, metal content, year of issue, and face value.
The reverse side of the 1/10 oz Australian Legal Tender Gold Units feature the geographic outlines of the United States of America and Australia. The American continent reflects the collaboration between authorized dealers in the US and the Perth Mint in Australia for the development and design of these unique Australian Legal Tender Gold Units.
The Australian dollar was first issued in 1966 as the nation moved toward decimalization of its currency and away from the pounds, shillings, and pence units brought to the continent by the British Empire. The Perth Mint is no longer a sovereign mint of the nation, but the Currency Act of 1965 gives legal tender status to the coins and legal tender gold units it produces.
If you have any questions, please don’t hesitate to reach out to JM Bullion. Our customer service team is available at 800-276-6508, online using our live chat, and via our email address.