This is the 1988 One Ounce Gold Nugget as issued by Australia's Perth Mint.
This is an example of the early Perth Mint bullion nugget coins, which featured a famous gold nuggets on their reverse designs. This coin celebrates the Welcome Stranger nugget; the largest nugget of gold ever found.
The coin is struck in 9999 (24 carat) fineness and contains one troy ounce of gold. It has a face value of $100 AUD.
The Welcome Stranger gold nugget weighed 97.14 kilos and was discovered in a small town in Victoria, Australia back in 1869. It measured approximately 61 cm x 31 cm. It is the largest gold nugget to have been disovered.
The kangaroo coins originally featured famous gold nuggets on their reverse designs. In 1989, 2 designs were released; one featuring a nugget, the other showing a kangaroo. The Perth Mint decided to stick with the kangaroo designs, and so from 1989 onwards, the coins no longer feature gold nuggets. For this reason the coins are often referred to as 'kangaroos', 'roos' or 'nuggets'.
The obverse bears the Raphael Maklouf portrait of Queen Elizabeth II. The text reads:
AUSTRALIA · 100 DOLLARS · ELIZABETH II
Designed by Dr Stuart Devlin, the reverse features the famous 'Welcome Stranger' nugget in the centre of the design.
The text reads:
THE AUSTRALIAN NUGGET 1 OZ. 9999 GOLD 1988
|Weight / Size||1 Ounce|
|Gold Weight Troy Ounces||1|
|Silver Weight Troy Ounces||0|
|Fineness / Carat||0.9999 / 24|
|Obverse Designer||Raphael Maklouf|
|Reverse Designer||Dr Stuart Devlin|
|Mint / Brand||Perth Mint|
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes, therefore some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows
If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.
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If you require any assistance please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.
Chard (1964) Ltd
SatNav Postcode: FY4 1LY
Tel: 01253 343081
Company No: 1378220
VAT No: GB 157 0712 74