1986 57.55g Australia Gold 1986 57.55g Australia Gold Nugget Set PP PP

Obverse: Features the Raphael Maklouf effigy of Her Majesty Queen Elizabeth II, depicting her crowned portrait facing right. Inscriptions include "ELIZABETH II," "AUSTRALIA," and the coin's respective face value.

Reverse: Each coin in the set features a highly detailed depiction of a famous historic Australian gold nugget:

1 oz: "Welcome Stranger" Nugget (the largest alluvial gold nugget ever found, discovered in Victoria in 1869).

1/2 oz: "Hand of Faith" Nugget (discovered in Victoria in 1980, one of the largest gold nuggets still in existence).

1/4 oz: "Golden Eagle" Nugget (discovered in Western Australia in 1931).

1/10 oz: "Little Hero" Nugget (discovered in Western Australia in 1890). Each reverse also includes the inscription "THE AUSTRALIAN NUGGET," the weight and fineness (e.g., "1 OZ. 9999 FINE GOLD"), and the year "1986."

Collectibility and Investment Appeal:

Historical Significance: This set marks the genesis of Australia's highly successful and renowned gold coin program, preceding the shift to the iconic Kangaroo designs. It's the "first issue" proof set.

Limited Mintage: While 12,000 isn't as low as some modern issues, a significant portion of these early sets are believed to have been melted down over the years for their gold content, making surviving complete sets increasingly rare in their original packaging.

Pure Gold Content: The set contains a substantial amount of .9999 fine gold, giving it significant intrinsic value.

Proof Quality: The flawless proof finish enhances the aesthetic appeal and intricate details of the historical nugget designs.

Perth Mint Prestige: Products from The Perth Mint are globally recognized for their quality and craftsmanship.

This 1986 Gold Nugget Proof Set is a highly desirable item for collectors interested in Australian numismatics, gold coinage, or significant "first issue" historical sets.