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500 Dollars - Elizabeth II 6th Portrait - Kookaburra - Gold Bullion Coin
| Issuer | Perth Mint, Australia |
|---|---|
| Year | 2020 |
| Type | Log in to see details |
| Value | 500 Dollars |
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| Composition | Log in to see details |
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| Diameter | 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 500 DOLLARS 1990 2020 JC |
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| Reverse lettering | Log in to see details |
| Edge | Reeded |
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| Additional information |
The 2020 issue marks the thirtieth year of the Australian Kookaburra bullion program, which Perth launched in 1990 as a direct answer to the Krugerrand's dominance in the global gold market. Unlike many sovereign mints that lock in a permanent reverse design, Perth committed from the outset to an annually changing kookaburra motif — a deliberate sales strategy that drove collector demand well beyond what pure bullion buyers alone would sustain.
The five-ounce format carries a face value wildly nominal against spot, a legal formality required for the coin to circulate as currency under Australian law.