January 2, 2024
1986 Australia $200 Queen Elizabeth II Gold Coin
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Here is a rare example of Australian Commemorative Gold Coin. Nominally the face value of the coin is high at $200 AUD as the coin contains about $400 USD worth of gold at melt or scrap value. One Aussie dollar is slightly more than one USD in today's exchange market. (1USD = 0.9968AUD). So this is a hedged investment for you (if gold goes below $680/oz, this coin's face value will exceed the gold value). This coin is rare as it's very limited in production and is still in the original case and envelope. Content : 22k Gold Weight : 10 Grams = 0.322 troy oz Diameter : 24mm
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