1 oz 1987 Australian Nugget Gold Coin | Perth Mint
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This coin is from the second year of issue for the popular Australian Nugget gold coin series, which has morphed into the Kangaroo series of gold coins.
The 1987 gold Nugget was the first bullion issue of the series. When originally introduced, the Nugget series featured images of famous gold nuggets found in Australia. The 1 oz coins had the "Welcome Stranger" nugget, which was the largest alluvial gold nugget ever found. The net gold weight was over 2300 troy ounces. Upon sale, the nugget was melted down and turned into bars!
Don't miss your opportunity to stack this piece of Perth Mint bullion history!
ABOUT THE PERTH MINT
The Perth Mint opened in 1899 as the British Royal Mint's 3rd branch in Australia. The historical Hay Street location handled gold refining until moving to a modern facility in April 1990. Ownership of the mint was transferred to the Government of Western Australia in July of 1970. Under an agreement with the Commonwealth Treasury, they were empowered to mint and market gold, silver, and platinum as Australian legal tender to investors and collectors worldwide. Today, they are amongst the elite world mints whose pure gold, silver, and platinum items are trusted without question. Items such as the Australian Nugget, Silver Coin Series (Kangaroo, Kookaburra, Koala, and Platypus to name a few), as well as the Australian Lunar Gold and Silver Coin Series are extensively sought after by bullion investors worldwide.
|Dr. Stuart Devlin (reverse) Raphael Maklouf (obverse)|
|Effigy of Queen Elizabeth II and the words "Elizabeth II Australia 100 Dollars"|
|Image of the Welcome Stranger gold nugget and the words "The Australian Nugget 1 oz Fine Gold 1987 Welcome Stranger 1869"|
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