Numismatic

1987 Australia 1/2 oz Proof Gold Nugget

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In 1987, Australia issued a remarkable half ounce gold coin as part of its celebrated Nugget series. Struck in exceptionally pure 0.9999 fine gold, this proof-quality coin carries a face value of 50 Dollars. The issue is highly limited, with a total mintage of just 1,224 pieces, making it a fascinating subject for those who appreciate rare minting achievements. The obverse of the coin displays the elegant portrait of Queen Elizabeth II, designed by Raphael Maklouf. Surrounding the effigy, the inscriptions clearly denote the monarch's name, the issuing nation of Australia, and the 50 Dollars denomination. What makes this specific release compelling is its dual-themed reverse artistry, crafted by Dr. Stuart Devlin. The design depicts two kangaroos captured in mid-motion, symbolizing the natural heritage of the continent. Alongside this wildlife imagery, the coin honors Australian gold-mining history by featuring the 'Bobby Dazzler' nugget, a famous gold specimen discovered in the year 1899. This blend of natural fauna and historic treasure makes the 1987 edition a standout piece of metallic art.