The 1987 1oz Australian Gold Nugget Bullion Coin is struck by The Perth Mint as a bullion issue with 1oz of .9999 fine metal content. It forms part of the Gold - Kangaroo range, a recognised bullion series collected by date, design and condition.
The obverse features Queen Elizabeth II (Raphael Maklouf effigy), while the reverse carries Australian gold nugget reverse design. This pairing gives the 1987 issue its own place within the wider run and helps distinguish it from neighbouring dates.
Annual bullion issues like this are valued for their precious-metal content as well as their role in complete date runs. Condition, availability and demand for the wider series can all influence collector interest over time.
