Australian Nugget, Nugget gold coin

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The Nugget

The Australian Gold Nugget was introduced in 1986 with a face value of $100 AUD and is legal tender in Australia. The coins are minted in 24 karat gold and are seen as a great way to own gold in its purest form.

The Nugget is one of only a few bullion coins to change their design every year. For this reason, combined with its low quantity minted, the Austrailian Nugget (or Kangaroo) is one of the world’s most desirable bullion coins for investors and collectors.

During the first three years of the Nuggets’ issue the reverse of the coin featured a picture of a different famous gold nugget. From 1989, the design was changed to display different Kangaroos, a more world-recognised symbol of Australia. The obverse features a profile portrait of Queen Elizabeth II.

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Australian Nugget

Country: Australia
Face Value: $100 AUD
Gold Content: 31.104g
Purity: 99.99% (24 karat)
Gross Weight: 31.162g
Coin Diameter: 32.10mm
First year of issue: 1986
 

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