Gold Ten Ounces 1999 Australian Nugget, Coin from Australia - detailed information

Gold Ten Ounces 1999 Australian Nugget, Coin from Australia
CoinGold Ten Ounces 1999 Australian Nugget

The Australian ten ounces gold piece (abbreviated as 10 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.

When the Perth Mint launched its Kangaroo series back in 1987, it became an instant success. The Mint expanded the collection in 1991 to include 2 oz, 10 oz, and kilo versions. The 10 oz version featured the same Kangaroo design with each release and was issued by the mint up until 2009.

The Red Kangaroo depicted on the reverse is the worlds largest marsupial, with some adult males standing nearly six feet in height. These majestic creatures reside in the arid desert of Australia and subsist mainly on grass and herbage. They are specifically suited for dry regions and can survive with little water, as the moisture found in their food is sufficient for their survival. Female Red Kangaroos give birth to one baby at a time, and upon delivery, their joey will reside in the mothers special pouch for 8-10 months until emerging to live independently.

MintPerth Mint Mint MarkLetter P Total Mintage512
Obverse
Australia / Gold Ten Ounces 1999 Australian Nugget - obverse photo

The obverse of the coin shows the crowned mature head of Queen Elizabeth II facing right (her effigy known as the "Fourth Portrait"). The Queen wears the "Girls of Great Britain and Ireland" diamond tiara, a wedding gift from Queen Mary (Her Majesty's grandmother) in 1947 - which she also has on the Machin and the Gottwald portraits.

In small letters below the head, the artist's initials IRB (for Ian Rank-Broadley).

Around the effigy is the monarch's legend and the face value: ELIZABETH II AUSTRALIA · 1000 DOLLARS ·.

Obverse Inscription ELIZABETH II AUSTRALIA · 1000 DOLLARS ·
Reverse
Australia / Gold Ten Ounces 1999 Australian Nugget - reverse photo

The reverse features a realistic representation of a bounding Red Kangaroo with a starburst background (stylised rays of sunlight not quite reaching the centre). A special P 100 mint mark is below left - the "100" marking one hundred years since the Perth Mint was founded.

Below the figure, RED KANGAROO.

Around above, the inscription THE AUSTRALIAN NUGGET 10 OZ. 9999 GOLD.

Around below, the date of issue: · 1999 ·.

Reverse Inscription THE AUSTRALIAN NUGGET 10 OZ. 9999 GOLD · 1999 · RED KANGAROO
EdgeMilledEdge InscriptionNone
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Gold Ten Ounces 1999 Australian Nugget: Details
CountryAustralia
CurrencyAustralian Dollar
Coin TypeGold Ten Ounces (10 oz)
Issued1999
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Fourth Portrait, by Ian Rank-Broadley
Face Value1000 (x Dollar)
Total Mintage512
CurrentYes
Material0.9999 Gold
DesignerStuart Devlin
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size59.700 mm
Thickness7.800 mm
Mass311.620 g
OCC IDNXYD-ONZC-XNKG-OVRB
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Gold Ten Ounces 1999 Australian Nugget: Photos
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Coin, Australia, Gold Ten Ounces 1999 Australian Nugget
Copyright: Perth Mint
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Coin, Australia, Gold Ten Ounces 1999 Australian Nugget
Copyright: Perth Mint
Source