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50 Dollars - Elizabeth II 3rd Portrait - Australian Nugget - Gold Bullion Coin
| Issuer | Perth Mint |
|---|---|
| Year | 1986-1989 |
| Type | Log in to see details |
| Value | 50 Dollars |
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| Composition | Log in to see details |
| Weight | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | ELIZABETH II AUSTRALIA 50 DOLLARS |
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| Reverse lettering | Log in to see details |
| Edge | Reeded |
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| Additional information |
The Australian Nugget series launched in 1986 as Perth Mint's direct challenge to the South African Krugerrand, the Canadian Maple Leaf, and the American Gold Eagle — all competing for the same institutional and retail bullion buyer. The series took its theme from Australia's tradition of spectacular alluvial gold finds, a tradition with genuine weight: the Welcome Stranger nugget, unearthed in Victoria in 1869, remains the largest alluvial gold nugget ever recorded at roughly 71 kg.
Each annual issue in this series depicted a different nugget, a design rotation that distinguished it from competitors with static imagery.