Gold Australian Striped Marlin Coin
The Australian Striped Marlin gold coin is an excellent choice for those who would like to collect or invest in a bullion coin that’s not very popular, yet extremely valuable.
Gold Australian Striped Marlin Coin
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1 oz, ½ oz, ¼ oz, and 1/10 oz
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24-karat, 0.9999 fine
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Bullion (uncirculated), frosted surfaces
Details
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Design
The Australian Striped Marlin gold coin has the image of Queen Elizabeth on the front and a popping-out-of-the-water shot of eponymous striped marlin fish on the rear.zvcbThe Australian Striped Marlin gold coin has the image of Queen Elizabeth on the front and a popping-out-of-the-water shot of eponymous striped marlin fish on the rear.
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Minting
The Perth Mint makes the 24-karat pure gold coin in four sizes and to the highest quality under the aegis of the state.
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Quality Guarantee
The Perth Mint makes the 24-karat pure gold coin in four sizes and to the highest quality under the aegis of the state.
About Gold coins
When people think about bullion coins, countries like America and the United Kingdom come to mind first, not realizing that there are many more countries renowned for their offerings too. Australia, in particular, is known for its bullion coins. The Gold Kangaroo (previously referred to as the Nugget) and the Lunar series of coins are clear examples.
But there are also a few other Australian bullion gold coins that may not be as popular as the above two but have a niche following nonetheless. One of them is the Australian Striped Marlin gold coin. It’s made in one of the largest refineries in the world, the Perth Mint. The Mint primarily employs gold mined in Australia for its products, including the Striped Marlin gold coin.
Unlike the Royal Australian Mint, the Perth Mint only produces bullion, collector coins, and other bullion products. If you’re into investing in bullion coins or are a seasoned collector, the Striped Marlin gold coin should be on your radar. If you want to know more about the coin before investing, you’re in the right place.
In this article, we’ll discuss the following:
- An overview of the Striped Marlin gold coin
- Its design, specifications, and metal contents
- Why you should consider investing in the coin and more
Keep reading to know the bullion coin investing landscape a bit more.
About the Australian Striped Marlin Gold Coin
The Australian Striped Marlin gold coin is a 99.99 percent pure gold bullion coin. The Perth Mint, located in Western Australia, has been making the coin since 2020. “Marlin” denotes a billfish species found in Australian coastal waters. It’s a predatory fish that likes to feast on smaller fishes, such as sardines. Below are a lot more specifics about the coin.
Specifications
The Australian Striped Marlin gold coin comes in different troy oz sizes: 1 oz, ½ oz, ¼ oz, and 1/10 oz. The fractional sizes make the coin much more accessible to investors with a limited spending capacity, provided those are available to purchase. Unfortunately, only ¼ oz skew of the coin is more visible on the market.
| Particulars | ¼ oz |
| Diameter | 20.60 mm |
| Thickness | 2.30 mm |
| Weight | 7.77 g |
| Face value | A$25 |
Besides the above, the coin could come in a few other size variants too—for instance, 1/20 oz, 2 oz, 10 oz, and even 1 kg (35.2 oz). But like the other sizes, those coins could be hard to get too.
Why Invest in the Gold Australian Striped Marlin Coin?
The Australian Striped Marlin gold coin is fairly popular among investors and collectors, thanks to its unique reverse design and high gold content. The coin may not be the most popular bullion coin in the world, but it’s making strides. Not to mention, the Perth Mint is known for producing high-quality coins, and the Marlin coin is no exception. Besides the quality and value, the Gold Australian Striped Marlin coin is worth considering for those keen on collecting natural history or marine-themed coins.
Australian Striped Marlin Gold Coin Design
The Australian Striped Marlin gold coin looks like most other bullion coins from the Commonwealth. The coin’s obverse or front features the right-profile shot of Her Majesty Queen Elizabeth II. The names “ELIZABETH II” and “AUSTRALIA” are engraved over the Queen Mother. The coin’s size, purity, date of minting, and face value are mentioned below the Queen’s image.
The Jody Clark effigy (JC) can be seen on the Queen’s shoulders. It is usually seen on all Commonwealth countries’ bullion coins with the image of the Queen wearing the Diamond Diadem, a crown-like headpiece. The Queen can also be seen donning the Coronation Necklace. The necklace has been previously worn by Queen Victoria, Queen Mary, and Queen Alexandra.
The coin’s reverse depicts a striped marlin jumping out of the water. The inscription “AUSTRALIAN STRIPED MARLIN” can be found underneath the engraved picture. Like the obverse, the reverse has the Perth Mint’s “P” mint mark. The “P” assay sign denotes that the coin is made at the Royal Mint’s Perth branch and is not part of British coinage. The coin’s edges are reeded.
Gold Australian Striped Marlin Coin Metal Contents
The Australian Striped Marlin gold coin is a pure, 99.99 percent, 24-karat gold piece. The “P” mark guarantees the coin’s precious metals content.
Australian Striped Marlin Gold Coin Value and Prices
The Australian Striped Marlin gold coin has a monetary denomination, which changes with its size. However, the face values are symbolic and don’t represent the coin’s actual value. Since the coin is pure gold, it’s intrinsically valuable, which could change with market conditions or the spot price of gold. Kindly note that the coin is not minted as extensively as some Australian bullion coins.
Because the coin is quite popular and relatively rare, it usually sells at a slight premium over regular gold prices. Depending on the coin’s size, that premium could vary. Collectors and investors may have a greater affinity towards a specific variant, eventually spiking its demand and prices. Industry promotions, economic conditions, perceived value, etc., are other aspects determining prices.
Gold Australian Striped Marlin Coin: Where to Buy
The gold Australian Striped Marlin coin should be available on Perth Mint’s official website. If not, you can always look for it on credible sites such as Bullion Max, Allegiance Gold, Gold Alliance, and Augusta Precious Metals, to name a few. Since the coin is relatively new and may not have a lot of demand, there could be special offers to capitalize on.
Which Australian Striped Marlin Gold Coin Variant Should You Buy?
Buy the ¼ oz version of the Australian Striped Marlin gold coin because it’s the only type you can procure easily. The other size versions are hard to find. They are mostly out of stock or unavailable. If you manage to score another size variant, go ahead. The rarity and, therefore, the demand could easily fetch you a price premium on it.
Conclusion
A handful of coins dominate the gold bullion space. But that doesn’t mean no efforts are made to mint newer, competing coins. The Australian Striped Marlin gold coin is one such coin. It may not be the most sought-after coin for investment or among collectors, but the fact that it’s pure gold and has a distinct design with cultural value shall bump the coin’s popularity of the coin in the coming years.
FAQs
Is the Gold Australian Striped Marlin Coin IRA eligible?
Yes, the Australian Striped Marlin gold coin qualifies for inclusion in a precious metals IRA (individual retirement account) since it meets all the key requirements for eligibility. It’s made of gold and assayed at the Perth Mint, accredited by the LBMA (London Bullion Market Association). To confirm things, however, contact your IRA service provider.
Are Australian Striped Marlin gold coins a good investment?
The Australian Striped Marlin gold coin is a solid investment since it’s made of pure gold or intrinsically valuable. Even if the Australian government shuns the coin, its value will never fall to zero because gold will never go out of fashion.
Australian Striped Marlin gold coin vs. Australian Gold Kangaroo coins: What’s the difference?
The obvious difference between the Australian Striped Marlin and Gold Kangaroo coins is the design. Although the two have the Queen’s image on the front, their rear designs are complete contrasts. Another perceived difference between the 24-karat coins is popularity. The Kangaroo coin is much more popular than the Marlin, particularly outside Australia, since it’s been around since 1986. The Marlin is significantly younger, found in 2020.
Australian Striped Marlin gold coin vs. Canadian Maple Leaf gold coin: What’s the difference?
As the name indicates, the Maple Leaf gold coin is Canadian. The reverse is completely different, bearing the maple leaf, the cultural symbol of Canada. Although the obverse sides of both coins bear the image of the Queen, the depictions may not be identical. For instance, the effigy of Her Majesty on the Marlin coin is shown wearing the coronation necklace and the crown.
The Maple Leaf coin image may not have them depending on the coin’s year, date, weight, etc. Because the Canadian coin has been around since 1979, it has shown the Queen at different stages of her life. In other words, the coins issued during the ‘80s would feature a younger-looking coin.
Starting in the 2000s, the engraved image displayed a more mature Queen. Not to mention, the tiny design details could also be different across the various issues. The 1991 coin, for instance, shows the Queen with the crown. On the other hand, the coin issued in 2012 omits the headgear.
How can you tell a fake Australian Striped Marlin gold coin?
Because the Australian Striped Marlin gold coin hasn’t been around for long and is also not among the most popular bullion coins in the world, its fakes are highly unlikely. But to be on the safer side, you can always carry out the various tests performed to confirm a gold coin’s authenticity, which include a water test, magnet test, XRF spectrometer testing, etc.
What is the Australian Striped Marlin gold coin worth?
Like all pure gold coins, the Australian Striped Marlin is worth its weight in gold. The prices, however, could be slightly more than gold prices, thanks to the labor and artisanry costs and the seller margins.
Is there an Australian Striped Marlin silver coin?
The Perth Mint makes Australian Striped Marlin coins in gold and silver. The silver coin’s design is the same as the gold version and comes in various denominations and sizes. Besides silver coins, there’s also a platinum version of the Striped Marlin. It has been in production since 2018.
Is the Australian Striped Marlin gold coin legal tender?
It’s unclear whether the Australian Striped Marlin gold coin is legal tender. Most sources say it is as per the Australian Currency Act 1965, but a few others assert the coin is not used in trade or transactions and is primarily a value store and an inflation hedge.