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50 Dollars - Elizabeth II 4th Portrait - Kangaroo - Gold Bullion Coin
| Issuer | Perth Mint, Australia |
|---|---|
| Year | 2004-2005 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
| Thickness | 2.4 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
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| Reverse lettering | THE AUSTRALIAN NUGGET 2004 1/2oz 9999 GOLD P |
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| Additional information |
The Perth Mint's four-nines fine gold standard — .9999 purity — was a deliberate commercial decision to outclass the South African Krugerrand and Canadian Maple Leaf in purity, positioning Australian bullion coinage as the benchmark for investors who cared about fineness above all else. By 2004, the kangaroo series had been running continuously since 1987, with the reverse design changed annually specifically to discourage melting and encourage collector retention alongside bullion demand.
KM#909 covers two years of issue, an unusual span for an annually dated bullion type in this series.