1987 Australia 1 oz Proof Gold Nugget
Numismatic
1987 Australia 1 oz Proof Gold Nugget
Struck in 1987 by the Perth Mint, this exceptional Australian legal tender coin contains one troy ounce of highly refined 0.9999 fine gold. The piece belongs to the celebrated Gold Nugget series, showcasing a proof finish that highlights the intricate details of its dual-themed artistry. The reverse of the coin captures a dynamic scene of two kangaroos in mid-motion, a design inspired by the famous Poseidon nugget unearthed in the year 1906. This side bears inscriptions detailing the year 1987, the weight of one ounce, and the purity of the precious metal. On the obverse, the coin displays the elegant effigy of Queen Elizabeth II, designed by Raphael Maklouf. Accompanying the royal portrait are the inscriptions denoting the ruler's name, the issuing nation of Australia, and the official face value of 100 Dollars.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Country | Australia |
|---|---|
| Year | 1987 |
| Mint mark | P - Perth |
| Grade | Proof |
| Legal-tender face value | 100 Dollars |
| Metal | Gold |
| Weight | 1.0000 troy oz |
| Purity | .9999 |
| Diameter | 32.1 mm |
| Thickness | 2.8 mm |
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