1988 Australia 1/4 oz Proof Gold Nugget
Numismatic
1988 Australia 1/4 oz Proof Gold Nugget
In 1988, the Australian government issued a remarkable sovereign gold coin celebrating one of the continent's famous natural treasures. Struck in a proof finish with an exceptional purity of 0.9999 fine gold, this quarter-ounce piece belongs to a series known for changing its reverse artwork every year to highlight different historic gold discoveries. The reverse of this coin features a detailed depiction of the famous Ruby Well nugget, which was originally unearthed in the year 1913. Designed by Dr. Stuart Devlin, the reverse artwork is accompanied by inscriptions detailing the year 1988, the weight of one-quarter ounce, and the ultra-pure gold content. The name of the specific nugget, The Ruby Well 1913, is also recorded on this side. On the obverse, the coin displays the elegant effigy of Queen Elizabeth II. Surrounding the royal portrait are the inscriptions denoting the issuing nation of Australia, the Queen's name, and the face value of 25 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 | 1988 |
| Grade | Proof |
| Legal-tender face value | 25 Dollars |
| Metal | Gold |
| Weight | 0.2500 troy oz |
| Purity | .9999 |
| Diameter | 20.1 mm |
| Thickness | 2 mm |
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