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5 Dollars - Elizabeth II 4th Portrait - Kangaroo - Gold Bullion Coin

Uitgever Perth Mint, Australia
Jaar 2000-2001
Type Non-circulating coin
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Schrift voorzijde Latin
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Beschrijving keerzijde A kangaroo seated upright and facing left, depicted amid stylised long grass and native scrub, with a radiating sunburst of spiky foliage forming a halo-like arc behind the animal. The Perth Mint's P mintmark appears in the lower field to the left of the kangaroo. The circular legend THE AUSTRALIAN NUGGET and the denomination 1/20 OZ. 9999 GOLD are arranged around the upper and right periphery, with the date below, all separated by a beaded inner border.
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Aanvullende informatie

This fractional bullion piece — a one-tenth ounce equivalent by weight — was introduced by the Perth Mint as part of its push to capture the lower end of the retail bullion market during a period when gold spot prices were historically depressed, briefly touching a 20-year low near USD $252 per ounce in 1999. Buying appetite among small investors was thin, and mintages for these fractional issues from this window reflect it.

The .9999 fineness distinguishes Perth's output from the rival Australian Nugget series predecessors and from competing sovereigns of the period, which typically held at .9167.

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