1989 Perth Mint 90th Anniversary Gold Bar
The Perth Mint opened on June 20, 1899. The mint commemorates its 125th anniversary in 2024.
In honor of The Perth Mint's 125th anniversary, the 1 oz silver coins featured the Kookaburra coin (1990), the Koala coin (2007), and the Kangaroo coin (2015).
What was the obverse used by Perth Mint for their previous anniversaries?
1989 90th Anniversary of Perth Mint
1/4 OZ Gold Ingot -Mintage 8000 - .2512 AGW
This the 1/4 oz ingot that was issued with the 1989 Nugget Set from Australia - Perth Mint.
- Dimensions - 7/8" X 1" X 3/16"
- Individually serial numbered
- Perth Mint Swan Logo
- .67 oz of .375 fine gold
- .67 oz. x .375 fine = 0.2512 actual gold weight. 1
Source of Photo
Actually, the Australian Gold Nugget, the country's most popular bullion coin, was initially introduced in 1986 and is accepted as legal currency. Subsequently, the mint redesigned the currency in 1989, placing the Australian kangaroo in the center, and renamed it the Australian Gold Kangaroo coin. The precious natural riches of Australia are now symbolized by this currency (the Australain Gold Nugget).
This gold bar is quite substantial and chunky.
What Makes Gold Valuable?
Aside from its literal shine and the symbolic relationship with wealth that has lasted throughout human civilization, gold plays an important role as a store of value and a medium of exchange. Unlike other commodities, gold does not get used up or consumed, imbuing the precious metal with a sense of everlasting value. Gold serves as a hedge against the declining value of currencies through inflation, which leads many investors to consider gold an alternative asset and a way of safeguarding their wealth.
Source
Reference
https://learn.apmex.com/learning-guide/bullion/australian-classic-gold-kangaroo-coins/
https://www.investopedia.com/articles/economics/09/why-gold-matters.asp
These are Silver Coins, Rounds, and Bars I have featured in 2024:
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That is very cool! I love the gold, that is my favorite part!
I know we all do, @thebighigg! Still, many are oblivious to the fact that it is a valuable store of wealth.
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I love the 1989 Gold Proof presentation box @silversaver888, simply stunning!👍
The Gold Nugget still needs to be added to our stack, the next trip to our LCS I will look for one!😊😇
Yes, I'm slowly adding it to my stack. I have two fractional Gold Nugget (called Kangaroo) so far.
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The Gold Nugget is so unique @silversaver888!😊
I can envision Gold miners, carrying a sack of Gold similar to this 100 years ago!😇😊
How big is your gold sack, @silvertop ?
Mine is a pouch, hahaha!
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Lol @silversaver888… not big enough!😇☺️
That’s an awesome looking ingot Saver.
Yes. Too bad they don't make "nuggets" instead of kangaroos. They have presser bars, but casts are better!
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Your posts are always very nice...
Aww... thank you. They are not extraordinary. I wish there was a better way to present gold and silver without taking so much time. We just try out best!
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I can safely say that I have more gold bullion in my possession than in my teeth. 😁
Always, with love 🤗🌺❤️
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Hahaha, gold teeth were popular before our time. But the die-hard gold enthusiasts flaunt their gold in their teeth these days.
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I can imagine one day gold prices will get high enough that it will encourage survivors to go yanking their recently deceased's gold teeth out before the body get cremated or exhumed for the gold extraction.
Aww so this is the one very nice ! I'll see what I can do for ya !BBH !LOL !ALIVE
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