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Australia 1986 Gold Four Coin Nugget Proof Set

Australia 1986 Gold Four Coin Nugget Proof Set

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The first set in the Perth Mint's Famous Nugget series of gold proof coins.

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Australia 1986 Gold Four Coin Nugget Proof Set

Purity: 99.99% Weight: 57.54g Nett: 1.85ozt

The first set in the Perth Mint's Famous Nugget series of gold proof coins.

Includes 1.85ozt (57.53g) of pure gold.

The rising gold price meant that many dormant gold mines in West Australia became economical again in the late 1980's, the increased gold output caused the Perth State Government to work on the idea of re-opening the Perth Mint, which had not produced coins for the better part of a decade by that time.

The first gold coins produced by the Perth Mint featured a series of famous natural gold nuggets on the reverses of the coins, and this theme was continued through until 1988.

The fact that just 3 sets were in this series meant that many, many collectors busted their backsides to get a complete set back then.

They may not be quite as popular today, however remain excellent value for money. Much of the original mintage has been melted down over the years, which means these sets are slowly becoming rare once again.

These coins remain in the original case and with the accompanying coloured booklet of authenticity.