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Precious Metals Data Aggregator
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1987 1 oz Australia Nugget .9999 Gold Coin (Varied Condition)

Material
Gold
Category
Uncategorized
Fineness
999.9‰
Mass (g)
31.103
Premium (%)
31.11
Shipping cost to
10.20 USD
All-in premium (%)
31.37
Price
5,277.96 USD
Dealer
LPM
Dealer country
Hong Kong
Last price update
2026-07-20
Last seen
Unknown
Available until
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Is under seal
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**Please note that these product(s) are in varied condition (secondary market) and may contain scratches, toning, and/or spotting. Therefore, we recommend that you confirm that you can accept the condition of this item before placing an order, as returns or exchanges will not be possible after purchase.** The 1987 1 oz Australian Gold Nugget features a classic depiction of Queen Elizabeth II and a legendary gold nugget. Struck by The Perth Mint in 1987, this coin is a cornerstone of Australian numismatics, representing the era before the series transitioned to the Kangaroo motif. **Obverse (Front)** The obverse features the **Third Effigy** of Queen Elizabeth II, designed by **Raphael Maklouf**. Introduced in 1985, this portrait depicts the Queen wearing the King George IV State Diadem and the Diamond Jubilee necklace. The inscriptions "ELIZABETH II" and "AUSTRALIA" encircle the portrait. **Reverse (Back)** The reverse showcases the famous **"Welcome Stranger"** gold nugget—the largest alluvial gold nugget ever found. It is encircled by the inscriptions "THE AUSTRALIAN NUGGET," the weight "1 OZ," and the purity "FINE GOLD."