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50 Dollars - Elizabeth II 4th Portrait - Platypus, Gold Bullion Proof
| Issuer | Perth Mint, Australia |
|---|---|
| Year | 2007 |
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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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| Mint | P Perth Mint, Australia(1899-date) |
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| Additional information |
The Perth Mint's .9999 fine gold standard, applied here, was a deliberate commercial challenge to the Royal Canadian Mint's then-dominant position in the four-nines bullion market. Australia had been producing .999 gold since the 1980s, but the push to .9999 fineness in the late 1990s was partly a response to collector and investor demand driven by Canadian Maple Leaf sales figures. The 2007 proof striking of this denomination sits in a transitional period for Perth's bullion proof program, when mintage caps were being tightened to sustain secondary market premiums.