From 1986 to 1989, the reverse of these coins portrayed various Australian gold nuggets, hence the name Australian Gold Nugget even till today.
Each Australian Gold Nugget contains 99.99% pure gold.
The obverse of each coin shows the Ian Rank-Broadley likeness of Queen Elizabeth II, as well as the coin’s monetary denomination, $100 AUD.
Australian Legal Tender
The coin is issued as legal tender under the Australian Currency Act 1965.