This is the first one ounce gold bullion coin issued by the Perth Mint in Western Australia, follwing on from South African Krugerrands and Canadian Maples. Each coin contains exactly one troy ounce of gold, struck in 0.9999 fineness (24 carat). The coins are issued in protective plastic capsules.

The declared mintage from The Perth Mint is 131,264.

Australian Gold Nuggets

The Gold Nugget coin series was introduced in 1986 by The Perth Mint. They had two unique features: a 'two-tone' frosted design effect, and plastic encapsulation of each individual coin. At the time, these features were unusual for standard bullion coins and gave the Nugget characteristics which made it stand apart from other gold bullion coins in the market.

In 1990, the reverse design changed to show kangaroos. Each year is different in its design, making them popular with coin collectors as well as investors.

Obverse

The obverse shows the third definitive portrait of HM Queen Elizabeth II, by Raphael Maklouf. The inscription reads:

100 DOLLARS ELIZABETH II AUSTRALIA

Reverse

The reverse shows an engraving of the famous gold nugget, Welcome Stranger. It was designed by Stuart Devlin.

THE AUSTRALIAN NUGGET 1 OZ. FINE GOLD 1987

WELCOME STRANGER 1869

Key Information

Intrinsic Value	£3,380.36
Product ID	3179
Stock Status	In Stock

Product Spec

Metal	Gold
Diameter	32.1 mm
Weight/Size	1 Ounce
Gold Weight Troy Ounces	1.0000
Fineness/Carat	0.9999 / 24
Date	1987
Obverse Designer	Raphael Maklouf
Reverse Designer	Dr Stuart Devlin
Mint/Brand	Perth Mint
Country	Australia

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Chards Coin and Bullion Dealer offer fully insured delivery, on-site storage facilities and free collections from either of our Blackpool and London showrooms.

As a reputable bullion dealer, we focus on quality and excellent customer service over speedy delivery. We aim to despatch orders within 2 working days, however, during moments of volatility within the market, you may experience delays in despatch. You can find more delivery information, including our latest delivery times, on our delivery page.

Despatch may also be delayed if you have selected products with lead times or we require further documents to verify your identity.

Our chosen couriers:

Royal Mail
DHL
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UK and BFPO

Delivery Option	Est. Delivery Time*
Standard	3 working days
Fully Insured	1 working day

High-Value Deliveries

We also offer a dedicated service for high value orders. Quotes are available upon request. Our high-value logistics partners are:

Malca-Amit
Regency
Loomis
Brinks

* Estimated delivery time is the delivery timescale from the despatch date on your order. We are not responsible for delivery delays once it is with the courier.

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Precious metal investments are not regulated in the UK.
Investment values can fluctuate and may decrease as well as increase. Past performance is not indicative of future results.
Pricing:
Prices are based on the current precious metal price and may change.
Payment and ID:
You may need to provide identification to make a purchase. You can find more information on payment and identification requirements.
Bullion Coins:
These may have minor scratches or edge knocks, but this does not affect their value. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
VAT:
Investment gold products are VAT-free, while silver products include VAT.
Cancellations & Returns:
Once you place an order, you cannot cancel it. We do not currently accept returns, however. You may be able to sell your investment products back to Chards at the current buy back rate.

For more details, please see our Terms & Conditions.

1987 Gold 1 oz Welcome Stranger Kangaroo Nugget $100 Perth Mint Bullion Coin