1989 Perth Mint Kangaroo Nugget Gold Five Coin Proof Set (1oz to 1/20oz)
We Last Sold This Item For: | $7,310.00 |
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Last Sold On: | 15/12/2023 |
# Sold In Past 12 Months: | 1 |
1989 Perth Mint Kangaroo Nugget Gold Five Coin Proof Set (1oz to 1/20oz)
Obverse: Elizabeth II to right, legend around
Reverse: Kangaroo bounding to left, date below and legend around
Purity: 99.99% | Total Coin Weight: 60.65g | Total Nett Weight Including Ingot: 2.20ozt AGW
Mintage: 6,246
The first set in this series - the ingot included is actually made of 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 second series of gold proof coins issued by the Perth Mint began in 1989 - the Kangaroo Nugget series.
Many of these sets have been melted down over the years, which means they are quite hard to pick up once again.
The 1989 set is unique in the Kangaroo Nugget series in that the ingot embedded in the jarrah case is actually made of gold.
The ingot is 9ct purity and weighs around 20 grams, and is known to contain 1/4 ozt of pure gold.
This is the only year a precious-metal ingot was included in a Kangaroo Nugget proof set, all future sets issued after this one either contained a base metal ingot or no ingot at all.
The coins, case and ingot all remain in excellent condition.
SKU: 21720
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