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50 Dollars - Elizabeth II 4th Portrait - Grey Kangaroo - Gold Bullion Coin

Issuer Perth Mint
Year 2006
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Thickness 2.4 mm
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Obverse description Fourth crowned effigy of Queen Elizabeth II facing right, designed by Ian Rank-Broadley, wearing the Girls of Great Britain and Ireland tiara. The legend ELIZABETH II arcs across the upper field, with AUSTRALIA continuing to the right. The denomination 50 DOLLARS appears in the lower field, flanked by beaded borders. The engraver's initials IRB appear beneath the portrait truncation.
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Obverse lettering ELIZABETH II AUSTRALIA 50 DOLLARS IRB
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Additional information

The Perth Mint's gold kangaroo series shifts its reverse design annually — a policy adopted in 1989 specifically to stimulate collector demand and discourage melting, since each year's coin is technically unique. The 2006 grey kangaroo reverse is one of the quieter designs in the run, lacking the dramatic action poses of some earlier issues, but the .9999 fineness was already a point of commercial distinction when most sovereign mints were still striking bullion at .9167 or .900.

Ian Rank-Broadley's fourth portrait of Elizabeth II, introduced across Commonwealth coinage from 1998, appears here with the "IRB" initials — a detail that occasionally generates misattribution queries from less experienced collectors.

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