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50 Dollars - Charles III 1st Portrait - The Australian Nugget - Gold Proof Gilded

Issuer Perth Mint, Australia
Year 2024
Type Non-circulating coin
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Obverse description Uncrowned effigy of King Charles III in left-facing profile, rendered in high relief against a deeply mirrored proof field. The king is depicted in civilian dress, with naturalistically detailed hair and facial features. The legend CHARLES III arcs across the upper field, with AUSTRALIA continuing along the left periphery, and the denomination · 50 DOLLARS · inscribed along the lower arc, all separated by raised dots. The initials DT, denoting the engraver Dominic Taylor, appear at the truncation.
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Obverse lettering · CHARLES III AUSTRALIA · 50 DOLLARS DT
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Additional information

The "Welcome Stranger" nugget — the largest alluvial gold nugget ever found — was unearthed in February 1869 near Moliagul, Victoria, by John Deason and Richard Oates, just two inches below the surface. It weighed 2,284 troy ounces before smelting. Perth Mint has drawn on that discovery repeatedly for its Nugget bullion series, which launched in 1986 as Australia's answer to the Krugerrand and Maple Leaf.

The rose gold gilding here is applied selectively over .9999 fine substrate — a technically fussy process, since adhesion between 24-carat and 22-carat gold alloys requires precise surface preparation to prevent delamination over time.

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