Australia 1991 500 dollars KM-150

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uncirculated, Goldberg sale 90, lot 3331
photo courtesy Goldberg Coins & Collectibles
proof, Goldberg sale 90, lot 3332
photo courtesy Goldberg Coins & Collectibles

The first specimen was lot 3331 in Goldberg sale 90 (Los Angeles, January 2016), where it did not sell. The catalog description[1] noted, "Australia. 500 Dollars, 1991. Red Kangaroo. One year type. NGC graded MS-64." The second specimen was lot 3332 in Goldberg sale 90 (Los Angeles, January 2016), where it sold for $2,937.50. The catalog description[1] noted, "Australia. 500 Dollars, 1991. Red kangaroo left. In custom wood presentation box. Choice Brilliant Proof." This was the first two ounce gold bullion coin issued by Australia. In 1992, the face value was reduced to 200 dollars and issued in that form until 1995.

Recorded mintage: unknown plus 491 proofs.

Specification: 62.21 g, .999 fine gold, 2 troy oz AGW.

Catalog reference: Fr-B6; KM-150.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • [1]Goldberg, Ira, Larry Goldberg, John Lavender, Yifu Che, Jason Villareal and Stephen Harvey, Goldberg Sale 90: the Pre-Long Beach Auction, Los Angeles: Goldberg Coins and Collectibles, 2016.

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