1990 Gold 5 Coin Proof Set Kangaroo Nuggets
We Last Sold This Item For: | $6,240.00 |
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Last Sold On: | 23/5/2023 |
# Sold In Past 12 Months: | 0 |
Australia 1990 Perth Mint Gold 5 Coin Proof Set Kangaroo Nuggets
Obverse: Elizabeth II to right, legend around
Reverse: Grey kangaroo at centre, date below and legend around
Weight: 60.65g | Purity: 99.99% | AGW: 1.95 ozt
Mintage: 2,248
This is the 2nd set in Perths kangaroo nugget gold coin series.
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.
The gold coin proof sets released from 1989 onwards showed different kangaroos across the reverses. The gold proof coins from 1990 show a standing Grey Kangaroo on the reverse.
These sets were incredibly popular with collectors right around the world, however its fair to say that demand has eased in the years since.
As a result, many (many!) sets have been melted down - the consequence of that is that the original mintage doesnt reflect just how scarce these sets are today.
This set remains in the original Jarrah presentation case, and is still housed in the leather outer cover.
SKU: 21721
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Australian Gold Coins
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