First produced in 1986, the Australian Gold Nugget coin is one of the most popular coins created by the Perth Mint in Western Australia. The obverse of the coin features a profile view of the face of Queen Elizabeth II, as designed by Ian Rank Broadley. She is surrounded by her name, the denomination of the coin, and the word "AUSTRALIA". The design on the reverse originally depicted natural Australian gold nuggets, with different designs for various sizes. The design theme changed in 1989 to feature the most recognizable animal in Australia, the kangaroo. For this reason, the coin is referred to both as an Australian "Nugget" and "Kangaroo". The Australian Gold Nugget is currently the only legal tender, pure gold bullion coin to change its design each year and limit its mintage annually. The 1-oz. coin receives a new design each year. New designs are introduced each year to the proof coins and these designs are then used for striking the bullion coins the following year. The Australian Gold Nugget is 99.99% pure gold. If you are interested in investing over $1,000, please call us at 1-800-827-4653. Access to our complete selection and special investor pricing may be available for clients who order over the phone. Account Executives are available from 7:00 A.M. to 5:00 P.M. PST, Monday through Friday. $1,024.95 Call us directly at 1-800-827-4653 to find out about volume discounts, current price specials and access to our complete selection of available coins. Account Executives are available from 7:00 AM to 5:30 PM PST, Monday through Friday (excluding most major holidays).