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

Issuer Perth Mint
Year 2016
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Value 50 Dollars
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Obverse description Right-facing effigy of Queen Elizabeth II after Ian Rank-Broadley's fourth definitive portrait, depicting the Queen wearing the Girls of Great Britain and Ireland tiara. The legend ELIZABETH II arcs along the upper left rim and AUSTRALIA along the upper right rim, with the denomination 50 DOLLARS inscribed along the lower rim. The designer's initials IRB appear in small relief below the truncation of the bust. Dot separators flank the lower legend on either side, lending a clean, formal presentation to the polished field.
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Obverse lettering ELIZABETH II AUSTRALIA 50 DOLLARS IRB
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Additional information

The Perth Mint's kangaroo bullion series is notable for changing its reverse design annually since 1989 — a deliberate marketing strategy to prevent secondary-market trading at spot price and encourage collector premiums on each year's issue. The .9999 fineness, introduced as the program matured, was a direct competitive response to the Royal Canadian Mint's Maple Leaf, which had held the four-nines standard since 1982 and was pulling investors away from Australian product.

The 2016 date places this coin under Ian Rank-Broadley's effigy, the fourth portrait of Elizabeth II used on Commonwealth coinage, adopted by the Perth Mint on Australian issues from 1999.

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