Coin - 1990 Australian Nugget 9999 Gold Coin - 1/2 OZ

1990 Australian Nugget 1 oz Gold Coin — At a Glance

Obverse (Front):

• Features the effigy of Queen Elizabeth II, designed by Ian Rank-Broadley. It also includes the coin’s face value of AUD 100 and the country name, Australia.

Reverse (Back):

• Depicts a red kangaroo in mid-bound, set against stylized sunray motifs. The legend around the rim reads:
  “THE AUSTRALIAN NUGGET 1 OZ 9999 GOLD 1990”, with the inscription, “RED KANGAROO” below the animal.

Historical Context & Collectibility

• The Gold Nugget bullion series was launched in 1986 by the Perth Mint, featuring actual gold nugget motifs at first.

• In 1990, the design theme changed from nugget imagery to instead showcase various kangaroo designs, aligning more closely with Australia’s iconic wildlife.

• That year, the maximum annual mintage for the 1 oz coin was 300,000, though production likely sold out

• These coins remain popular for their changing annual reverse designs, which add collectible appeal beyond their bullion value