Nugget/Kangaroo 1oz Gold Coin 1986
Founded in 1899 in Perth, Australia. The Perth Mint holds the world record to mint the biggest gold coin with 1012 kg. Globally loved by investors for their high quality and wide range of investment and collectors coins.
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The first edition of the Australian Gold Nugget series, with only a mintage of 3,000 coins, published by the distinguished Perth Mint, Australia's official bullion mint. The Australian Kangaroo was first created when Australia decided to launch their own gold coin after the South African Krugerrand import ban in 1986.
Such as this coin, and coins published up until 1989, the images featured are of the famous gold nuggets found on the continent during the 1800’s till 1980. However in 1989, the image was changed to that of a Kangaroo, an animal native to Australia, and synonymous with the country. However, coins have also featured the closely related Wallaroos and Wallabies, which are smaller than a Kangaroo. The change over to using an image of an animal made the coin more marketable, and appealing to investors and collectors.
Along with the Chinese Gold Panda, the Australian Kangaroo/Nugget coins are one of the few legal tender bullion coins that change their image each year.
Each coin made from 1986-1989, depending on the denomination, features a different famous nugget. The name of the nugget is written on the reverse of the coin, under the image.
The 1986 1oz coin features the image of the gold nugget, “Welcome Stranger” found on the 5th February 1869. The name is inscribed under the design.
The obverse of the coin features a right facing effigy of Queen Elizabeth II, which was designed by sculptor Raphael Maklouf.
Size Fineweight Diameter Thickness Nominal Value
1oz 31.10g 32.10mm 2.6.mm 100 AUD
Manufacturer: Perth Mint
Country of origin: Australia
Weigh: 31.10 grams
Karat: 24 K
Fineness: 999.9 / 1000
Alloy: Gold Alloy
Scratch resistance: Poor
More information about the Australian Nugget/Kangaroo series click to the Australian Kangaroo Gold Coin Series Category
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