Coin | Gold Half Ounce 1988 Australian Nugget - Welcome |
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The Australian half-ounce gold piece (abbreviated as 1/2 oz and designated with Au for "gold") is a bullion coin format. Uniquely, in Australia there are two mints authorised to strike legal tender: the Royal Australian Mint (which also makes the country's circulating coinage) and the Perth Mint which only makes collector and bullion coins, as well as other bullion products.
Both mints endeavour to create coins with attractive designs, and to introduce new designs and themes often, in order to raise the numismatic value of the coins over the value of previous metal used.
This gold coin is part of The Australian Nugget bullion series, and features the Welcome natural gold nugget. |
Mint | Perth Mint |
Mint Mark | Letter P |
Total Mintage |
8,720
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Obverse | |
The obverse of the coin shows the crowned bust of Queen Elizabeth II, facing right (her effigy known as the "Third Portrait"). The Queen is wearing the royal diadem which she wears on her way to and from the State Opening of Parliament, a pearl necklace and earrings.
Incuse in tiny letters on the neck truncation, the designer's initials RDM (for Raphael David Maklouf).
Around, the monarch's legend and the face value: ELIZABETH II AUSTRALIA · 50 DOLLARS ·.
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Reverse | |
The reverse of the coin portrays the Welcome Nugget on a background of radial lines. In tiny letters in the lowest part of the nugget, the initials of the designer: SD (for Stuart Devlin).
In the central circle below, the name of the nugget and the year of its discovery: WELCOME 1858.
Around left, the name of the series: THE AUSTRALIAN NUGGET. Around right, the precious metal content, 1/2 OZ. 9999 GOLD (one half of a troy ounce of 99.99% gold). Around below, the date of issue · 1988 ·.
Above the date, a special P200 mint mark of the Perth Mint marking the Australian Bicentenary (200 years of European settlement on the continent). |
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Reverse Inscription |
THE AUSTRALIAN NUGGET 1/2 OZ. 9999 GOLD · 1988 · WELCOME 1858 |
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Edge | Milled | Edge Inscription | None |
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Notes | The coin was only issued in proof grade. Mintage includes 540 individually packaged coins plus 8,180 in four-coin set. |
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See also |
Coins in the Australian Nugget Series include (ordered by year / metal / weight): - 1 oz Gold Proof, Welcome Stranger Nugget, 1986 - 1/2 oz Gold Proof, Hand of Faith Nugget, 1986 - 1/4 oz Gold Proof, Golden Eagle Nugget, 1986 - 1/10 oz Gold Proof, Little Hero Nugget, 1986 - 1 oz Gold, Welcome Stranger Nugget, 1987 - 1 oz Gold Proof, Poseidon Nugget, 1987 - 1/2 oz Gold, Hand of Faith Nugget, 1987 - 1/2 oz Gold Proof, Bobby Dazzler Nugget, 1987 - 1/4 oz Gold, Golden Eagle Nugget, 1987 - 1/4 oz Gold Proof, Father's Day Nugget, 1987 - 1/10 oz Gold, Little Hero Nugget, 1987 - 1/10 oz Gold Proof, Golden Aussie Nugget, 1987 - 1 oz Gold, Welcome Stranger Nugget, 1988 - 1 oz Gold Proof, Pride of Australia Nugget, 1988 - 1/2 oz Gold, Hand of Faith Nugget, 1988 - 1/2 oz Gold Proof, Welcome Nugget, 1988 - 1/4 oz Gold, Golden Eagle Nugget, 1988 - 1/4 oz Gold Proof, Ruby Well Nugget, 1988 - 1/10 oz Gold, Little Hero Nugget, 1988 - 1/10 oz Gold Proof, Jubilee Nugget, 1988 - 1 oz Gold, Welcome Stranger Nugget, 1989 - 1 oz Gold Proof, The Australian Nugget - Red Kangaroo, 1989 - 1/2 oz Gold, Hand of Faith Nugget, 1989 - 1/2 oz Gold Proof, The Australian Nugget - Red Kangaroo, 1989 - 1/4 oz Gold, Golden Eagle Nugget, 1989 - 1/4 oz Gold Proof, The Australian Nugget - Red Kangaroo, 1989 - 1/10 oz Gold, Little Hero Nugget, 1989 - 1/10 oz Gold Proof, The Australian Nugget - Red Kangaroo, 1989 - 1/20 oz Gold Proof, The Australian Nugget - Red Kangaroo, 1989 - 1 oz Gold, The Australian Nugget - Red Kangaroo, 1990 - 1 oz Gold Proof, The Australian Nugget - Grey Kangaroo, 1990 - 1/2 oz Gold, The Australian Nugget - Red Kangaroo, 1990 - 1/2 oz Gold Proof, The Australian Nugget - Grey Kangaroo, 1990 - 1/4 oz Gold, The Australian Nugget - Red Kangaroo, 1990 - 1/4 oz Gold Proof, The Australian Nugget - Grey Kangaroo, 1990 - 1/10 oz Gold, The Australian Nugget - Red Kangaroo, 1990 - 1/10 oz Gold Proof, The Australian Nugget - Grey Kangaroo, 1990 - 1/20 oz Gold, The Australian Nugget - Red Kangaroo, 1990 - 1/20 oz Gold Proof, The Australian Nugget - Grey Kangaroo, 1990 - 1 kg Gold, The Australian Nugget - Red Kangaroo, 1991 - 10 oz Gold, The Australian Nugget - Red Kangaroo, 1991 - 2 oz Gold, The Australian Nugget - Red Kangaroo, 1991 - 1 oz Gold, The Australian Nugget - Grey Kangaroo, 1991 - 1/2 oz Gold, The Australian Nugget - Grey Kangaroo, 1991 - 1/4 oz Gold, The Australian Nugget - Grey Kangaroo, 1991 - 1/10 oz Gold, The Australian Nugget - Grey Kangaroo, 1991 - 1/20 oz Gold, The Australian Nugget - Grey Kangaroo, 1991 - 2 oz Gold, The Australian Nugget - Red Kangaroo, 1992 - 10 oz Gold, The Australian Nugget - Red Kangaroo, 1999 - 1 oz Gold, The Australian Nugget - Grey Kangaroo, 1999 - 1/10 oz Gold, The Australian Nugget - Grey Kangaroo, 1999 - 1/20 oz Gold, The Australian Nugget - Grey Kangaroo, 1999 - 1 oz Gold Bullion, Welcome Stranger Nugget, 2019 - 1 oz Gold Poof, Welcome Stranger Nugget, 2019 - 1/4 oz Gold Proof, Welcome Stranger Nugget, 2019 - 1/10 oz Gold Proof, Welcome Stranger Nugget, 2019 - 1/20 oz Gold Proof, Welcome Stranger Nugget, 2019 - 1 oz Silver, Welcome Stranger Nugget, 2019 - $1 Aluminium Bronze, Welcome Stranger Nugget, 2019 - 1 oz Gold, Hand of Faith Nugget, 2020 - 1 oz Silver, Hand of Faith Nugget, 2020 - 1 oz Gold, Golden Eagle Nugget, 2021 - 1 oz Gold, Welcome Stranger Nugget, 2021 - 1/2 oz Gold, Hand of Faith Nugget, 2021 - 1/4 oz Gold, Golden Eagle Nugget, 2021 - 1/10 oz Gold, Little Hero Nugget, 2021 - 2 oz Silver, Golden Eagle Nugget, 2021 - 1 oz Silver, Golden Eagle Nugget, 2021 - 1 oz Gold, Little Hero Nugget, 2022 - 1 oz Silver, Little Hero Nugget, 2022 - 1 oz Gold Bullion, Pride of Australia Nugget, 2023
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