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100 Dollars - Elizabeth II 3rd Portrait - Grey Kangaroo - Gold Proof
| Issuer | Perth Mint |
|---|---|
| Year | 1990-1991 |
| Type | Non-circulating coin |
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|---|---|
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| Reverse description | A Grey Kangaroo is depicted in full profile standing upright, facing right with its head turned back over its shoulder, set against a radiating sunburst pattern that fills the inner field. The species inscription GREY KANGAROO appears in the lower field beneath the animal. The surrounding legend, arranged around the beaded border, reads THE AUSTRALIAN NUGGET at the top and 1 OZ. 9999 GOLD along the right, with the date 1991 at the base. |
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| Mintage | 1990 - Proof - 2,767 1991 - BU - 130,522 |
| Additional information |
The Grey Kangaroo gold proof was part of Perth Mint's push in the late 1980s and early 1990s to establish Australia as a serious competitor in the international bullion and numismatic gold market, directly challenging the South African Krugerrand and the Canadian Maple Leaf. The .9999 fineness — four nines — was a deliberate marketing and metallurgical choice, exceeding the Maple Leaf's then-standard .9999 purity claim and positioning Australian product as the benchmark for fine gold coinage.
KM#144 spans two calendar years, with dies and packaging differentiated by date. The 1991-dated pieces saw lower collector uptake as the series was already maturing.